US equities lost earlier gains as technology stocks trailed the S&P 500 Index for a second straight day, continuing the downturn after the rally seen in the previous quarter.
The S&P 500 Index fell 0.01% by 11:45 a.m. in New York, erasing gains from a cooler-than-expected employment report that dimmed prospects of an interest-rate hike from the Federal Reserve. Meanwhile, the tech-heavy Nasdaq 100 Index fell 1.1% as semiconductor company stocks tumbled.
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