Wall Street stumbles after rise in layoffs, tech weakness
NEW YORK (AP) — Wall Street is stumbling on 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 losses after a better-than-expected profit report from Microsoft wasn’t enough to satisfy investors expecting even more. The S&P 500 was 0.5% lower in early afternoon trading, threatening to halt a rally that had sent it higher for four straight days. Other stock indexes a
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