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S&P falls as investors await earnings, Nasdaq slips from record high

Published 04/24/2019, 04:09 PM
Updated 04/24/2019, 04:09 PM
© Reuters. Traders work on the floor at the NYSE in New York

NEW YORK (Reuters) - The S&P 500 slipped on Wednesday, after ending the previous session with a record and the Nasdaq edged lower after reaching an all-time high earlier in the day while investors waited for more earnings reports.

© Reuters. Traders work on the floor at the NYSE in New York

The Dow Jones Industrial Average fell 59.34 points, or 0.22%, to 26,597.05, the S&P 500 lost 6.43 points, or 0.22%, to 2,927.25 and the Nasdaq Composite dropped 18.81 points, or 0.23%, to 8,102.02.

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I kind of feel like it's like the time when the market realized technology is over the hill. Remember AOL? We are at a time with a lull in the techno world. Now it's a matter of implementing what we have. And we have a lot of implementation that is needed. A lot of these techno geeks are only thinking about the next widget rather than using and implementing the widgets that are out there. Looking like the techno world is about to slow way down.I know Amazon is getting real sloppy. That is going to start hurting it at some point. Hopefully not another balloon pop in the techno world like in the days of AOL.
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