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U.S. stocks close lower ahead of July 4 holiday

All major benchmarks closed lower Tuesday in abbreviated trading ahead of the July 4th holiday as buyers dumped technology stocks. The weak spot within the tech sector follows at the heels of stories that a Chinese court docket blocked the sale of Micron Technology Inc. MU, -5.51% chips within the country, prompting the inventory to sink 5.5%. The move is related to a probe through Chinese regulators into high value of memory merchandise. The Dow Jones Industrial Average DJIA, -Zero.54% fell 112 points, or Zero.5%, to near at 24,194. The S&P 500 SPX, -Zero.49% dropped 12 points, or Zero.5%, to end at 2,714 whilst the Nasdaq Composite Index COMP, -Zero.86% shed 65 points, or Zero.nine%, to near at 7,502. The market is closed Wednesday for Independence Day holiday.

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Stocks end holiday-shortened session within the red as tech stocks sell off

U.S. stock-market indexes close lower, reversing previous good points as losses within the technology and financials sectors outweighed advances in power, telecoms and real-estate stocks