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S&P 500, Nasdaq slip on tech weakness, but set for monthly gains

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Reuters

By Shashank Nayar (Reuters) – The S&P 500 and the Nasdaq slipped on Tuesday, led by heavyweight technology shares, but were still on course to notch another month of gains following the Federal Reserve’s dovish stance on its massive asset purchases. Seven of the 11 major S&P sectors declined in early trading, with technology and energy shares among the top losers. Shares of Apple fell 1% after hitting a record high in the previous session, while Microsoft, Amazon and Google-owner Alphabet Inc and chipmaker Nvidia Corp dropped, knocking the Nasdaq off its record peak. Zoom Video Communications …

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