Tech is leading the way down for stocks

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Tech stocks were leading the stock market lower ahead of Thanksgiving.

The tech-heavy Nasdaq Composite Index was off 1% in early afternoon trading, while the S&P 500’s information technology sector was off 1.8%, according to FactSet.

That’s compared with a 0.2% drop by the blue-chip Dow and a 0.5% retreat for the broader S&P 500 index.

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