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US Stock Market Declines Amid Tech Sell-Off and Economic Concerns

US stocks fell for the third consecutive day as technology shares continued to decline, with Alphabet's stock dropping 8% following its earnings report and increased AI spending plans. Investors are also concerned about a potential economic slowdown indicated by recent jobs data.

US Stock Market Slides as Tech Sell-Off Intensifies; Alphabet Shares Drop 8%

US stocks declined for the third consecutive day, led by a sell-off in technology shares. Alphabet's stock fell 8% following its earnings report and plans to increase AI spending. Investors are also concerned about a potential economic slowdown indicated by recent jobs data.