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The S&P 500 dipped 0.8 percent, the Dow Jones dropped 267 points and the Nasdaq composite was down 1.1 percent Friday morning.
Wall Street stocks mostly fell early Monday as Treasury bond yields lingered at a high level while markets looked ahead to earnings and economic data releases.
US stocks opened higher Monday to kick off the trading week, led by a resurgence in chip companies benefitting from the boom in investment in generative artificial intelligence.