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Big-Cap Tech Selloff Hits Nasdaq With Another Large Distribution Day; Pharmaceuticals And Drugs Hold-Up DJIA.

Stocks on the Nasdaq simply got nailed today, as a weak outlook by AAPL followed by two downgrades hit the stock with a 6% loss. This along with a weak profit outlook from LRCX with a downgrade simply was too much for the small-cap and tech indexes to handle. At the close, the Nasdaq fell [...]

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