The Dow and S&P 500 are off slightly, and the tech-heavy Nasdaq off more than 1%.
A source of the pullback is US-China tensions, as China ordered the closure of a US consulate in Chengdu, in response to Washington’s shuttering of the Chinese consulate in Houston earlier.
The Chinese market plunged, with the Shanghai Composite down almost 4 percent.
Big Tech was also suffering this morning, pressuring the Nasdaq, as Intel INTC -16.2% shares plunged more than 16 percent.
Tesla TSLA -6.3% also dropped over 5 percent, as investors started to take profits from their 2020 winners.
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