Wall Street today: US equities drop on sell-off in big tech, chip stocks

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Wall Street: US stock indices declined on Wednesday, with major chip and tech stocks leading the fall. 

At the opening bell, the Dow Jones Industrial Average fell 91.91 points, or 0.22%, to 40,862.57. The S&P 500 was lower by 57.13 points, or 1.01%, at 5,610.07, while the Nasdaq Composite dropped 321.15 points, or 1.74%, to 18,188.19.

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