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Macro US Stocks

Semiconductor ETF Slides 4.28% to Lead US Sector ETF Declines at Open

The semiconductor ETF fell 4.28% in early US trading, leading declines among sector ETFs. The global tech index ETF and tech sector ETF dropped as much as 2.99%, while the internet index ETF lost 1.31%. Energy, financials, regional bank and banking ETFs rose as much as 1.65%. The S&P tech sector fell 2.58%, while telecom, financials and energy sectors gained over 1%.

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