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Energy and Financials Boost Blue Chips but Nasdaq Bruised by Tech Sell-Off

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The major market indices were mixed on Tuesday with the Dow Jones Industrial Average buoyed by gains in the financial and energy sector, but the Nasdaq was trading lower for a second straight day due to another feeding frenzy in the tech sector.

Shares of Facebook ( FB ), Amazon ( AMZN ), Netflix ( NFLX ), and Alphabet (GOOG, GOOGL) were all trading lower with Alphabet at its lowest level in more than a week after European regulators fined the company $2.7 billion due to violation of EU anti-trust rules.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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