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S&P 500 Drops 33 Points as Mega-Tech Stocks Slide, Cruise Stocks Sink, and Investors Sell "Safe" Stocks Too

S&P 500 Drops 33 Points as Mega-Tech Stocks Slide, Cruise Stocks Sink, and Investors Sell "Safe" Stocks Too

Analyst warnings about dot-com bubble valuations have investors selling big tech stocks, while investors continue offloading real estate and utility stocks, usually considered safer investments in uncertainty.