Wall Street dips as virus fears weigh on stocks
U S stocks fell as worries about rising virus counts and stalled stimulus weighed on sentiment. The S&P 500 slid 0.3 percent, led by banks and energy groups, while technology and consumer stocks tempered losses. AMD agreed to buy Xilinx for 35 billion dollars, helping some optimism. The Dow dropped 222 points while the Nasdaq rose modestly as investors awaited more economic data and a possible fiscal deal before Election Day.
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Former eBay security chief pleads guilty in cyberstalking case
Philip Cooke, 55, of San Jose, a former supervisor for eBay’s European and Asian offices, pleaded guilty to conspiracy to cyberstalk and to tamper with witnesses. The case stems from a campaign targeting a Massachusetts couple who ran a critical online newsletter, including disturbing deliveries and online harassment. Sentencing set for Feb. 24. max five years per charge.
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