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New York, NY - The momentum on Wall Street took a downturn as stocks closed lower today, breaking a streak of five consecutive weeks of gains. The decline was notably led by the technology sector, with major players such as Nvidia, Alphabet, and Netflix all experiencing losses exceeding two percent.
The market's trajectory was further influenced by a significant development in the airline industry. Alaska Air Group witnessed a substantial drop of approximately 15 percent after confirming its decision to acquire rival Hawaiian Airlines for a hefty sum of nearly two billion dollars. This strategic move, while indicating. . .
