According to Reuters, declines in tech stocks dragged on the S&P 500 after Labor Day weekend.
But the S&P only lost about 6-points on the day.
By noon, eight of the S&P’s eleven major indexes were trading lower, led by loses from the telecomm and technology sectors.
Alphabet, Facebook, Microsoft, and Twitter all posted loses for Sept. 4th, bringing the S&P’s tech index down three-tenths of a percent.
Facebook shares dropped by 2.4-percent after their stock was downgraded by the brokerage form Moffett-Nathanson.
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