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Tech stocks fall sharply as broader market retreat



Tech stocks fall sharply as broader market retreat
SAN FRANCISCO (MarketWatch) – Technology stocks sank into the red early Tuesday in a broad-based sell-off triggered by financial worries in Europe and Asia. The Nasdaq Composite Index fell sharply by more than 2% to 2,155. The Morgan Stanley High Tech 35 Index was down nearly 3%, while the Philadelphia Semiconductor Index lost more than 3%. Market Pulse Stories are Rapid-fire, short news bursts …

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