US STOCKS-Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide ...Middle East

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US STOCKS-Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
Wall Street stocks fell on Tuesday, with weakness in megacap growth shares such as Apple Inc and the chip sector weighing on the Nasdaq ahead of this week's slew of economic data and remarks from Federal Reserve Chair Jerome Powell. Data showed U.S. services industry growth slowed in February as employment declined, but a measure of new orders grew to a six-month high, signaling underlying strength in the sector.

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