Technology shares led the market lower after President Donald Trump blocked a big sector deal. Trump stopped Singapore-based Broadcom's $117 billion hostile offer for Qualcomm, quashing what would have been the biggest-ever tech deal, citing national-security concerns raised by China's growing strength in an array of advanced technologies. China makes up nearly two thirds of San Diego-based Qualcomm's revenue.

(END) Dow Jones Newswires

March 13, 2018 20:50 ET (00:50 GMT)

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