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Tech leads Wall Street lower as global growth worries resurface


By Medha Singh(Reuters) - U.S. stocks fell on Thursday weighed down by the technology sector, as fears of a global slowdown were rekindled after the European Union cut its economic growth forecasts, while a slew of dismal quarterly reports also added to woes.The European Commission said euro zone growth will slow to 1.3 percent this year from 1.9 percent in 2018, because of an expected slowdown in the largest countries of the bloc, partly due to global trade tensions."This is clearly raising concerns about global growth slowdown that we've been worrying about over the last several months and ...

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First Published: Thu, February 07 2019. 20:40 IST