Wall Street's main indexes fell on Monday, as investors remained cautious ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.
Big tech stocks dropped in morning trading. Apple fell 1.7%; Microsoft fell 2.8%; Alphabet fell 2.7%; Amazon fell 2.5%; Tesla fell 1.5%; Meta fell 2.8%; Nvidia fell 3.4%; Netflix fell 2.7%.
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