Nasdaq Slides Into Correction Territory

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Nasdaq Slides Into Correction Territory
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The Nasdaq Composite has dropped 10% from its record, as potential antitrust probes weighed on shares of major tech companies

The tech-heavy Nasdaq Composite entered correction territory Monday, hit by investor fears that regulators might take a fresh shot at industry giants such as Alphabet and Facebook.

The Nasdaq slid 1.6% putting it down more than 10% from its May record. The S&P 500 lost 0.3% and the Dow Jones Industrial Average ended nearly unchanged.

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