Nasdaq drops more than 1% as Intel and Twitter lead tech rout
Intel and Twitter pushed the tech sector down for a second straight day.
Intel dropped more than 8.5 percent after announcing delays on its next generation chips.Twitter, which reported earnings that matched expectations, dropped more than 20 percent after it said its number of monthly active users fell.
Tech's declined offset a strong economic reading of the U.S. economy for the second quarter
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