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Wall Street Plunges as Netflix, Apple and Facebook Suffer Big Losses

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Also Read: Amazon CEO Jeff Bezos Becomes the World's First $200 Billion ManIt’s unclear what the driving factor or factors were behind the sell-off, although growing tensions between the U.S.

and China could be playing a key role.“Although there is no single driver for the weakness, it seems as if investors all of a sudden realized how overbought stocks are and sold.

Someone yelled fire in a crowded theater and everyone left at once,” Ryan Detrick, chief market strategist for LPL Financial, told CNN on Thursday.Another explanation could be simply that investors are taking some money off the table after the market has been on a major bull run.

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