Wall Street Declined as Led by Tech Shares. US Seeks to Impose Investment Barrier against China

Financial markets fell as led by tech shares, after Facebook was downgraded by Bank of America Merrill Lynch. CEO Mark Zuckerberg would testify before the US Congress on the data privacy scandal. Facebook dropped -4.9%. Meanwhile, Twitter slumped 12% after Citron Research said it was short the stock while Nvidia was down -7.8% after the company suspended self-driving tests.

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Wall Street Declined as Led by Tech Shares. US Seeks to Impose Investment Barrier against China