Wall Street points lower, dragged down by tech, social media

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NEW YORK (AP) โ€” U.S. markets were poised to open in negative territory Tuesday as worries over persistent inflation outweighed optimism due to a remark from President Joe Biden, suggesting he may reduce U.S. tariffs on Chinese imports.

Futures for the Dow industrials slipped 0.7% while S&P 500 futures fell 1%.

Shares in Asia finished lower and European benchmarks were in decline at midday, one day after U.S. markets got off to a…

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NEW YORK (AP) โ€” U.S. markets were poised to open in negative territory Tuesday as worries over persistent inflation outweighed optimism due to a remark from President Joe Biden, suggesting he may reduce U.S. tariffs on Chinese imports.

Futures for the Dow industrials slipped 0.7% while S&P 500 futures fell 1%.

Shares in Asia finished lower and European benchmarks were in decline at midday, one day after U.S….

Read more…