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Tech rally burns out, leaves Wall Street lower


By Noel Randewich(Reuters) - Wall Street fell on Tuesday as a technology rebound lost steam and Walt Disney Co shares dipped, while investors assessed how a Republican U.S. tax overhaul would impact corporate earnings. The S&P 500 fell for a third straight session, a streak not seen since early August, trimming the index's rally this year to 17 percent. Buoyed by a 2.53 percent increase in Electronic Arts Inc , the S&P 500 information technology index ended up 0.21 percent, but pared earlier gains of as much as 1.39 percent. The year's top-performing sector was still down nearly 4 percent ...

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First Published: Wed, December 06 2017. 03:04 IST