U.S. stocks fell in early trading on Monday, with the technology sector set to extend a decline that began in Friday’s session. The Dow Jones Industrial Average fell 11 points, or 0.1%, to 21,260. The S&P 500 lost 5 points to 2,427, a decline of 0.2%. The Nasdaq Composite Index lost 56 points to 6,152, a decline of 0.9%. The Technology Select Sector SPDR ETF shed 1.3%, contributing to the outsize decline in the Nasdaq, which is heavily weighted toward tech names. Among the most active stocks in the sector, Apple Inc. fell 3.2% while Netflix Inc. fell 2.5% and Facebook Inc. slid 1.2%. Amazon.com Inc. was down 1.3%. Outside the tech sector, investors were also looking ahead to the Federal Reserve, which is widely expected to announce an interest-rate hike on Wednesday.
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From:: Stock Market News