S&P 500 has biggest loss in nearly 4 weeks as tech stumbles

NEW YORK (AP) — Wall Street stumbled Thursday, undercut in part by a discouraging report showing that layoffs are picking up across the country with coronavirus counts. Technology stocks had the sharpest drops after a better-than-expected profit report from Microsoft wasn’t enough to satisfy investors expecting even more. They helped drag the S&P 500 down 1.2%. The index had its first loss in five days and its worst in nearly four weeks. Other stock indexes around the world were