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First Republic falls more; tech rallies

NEW YORK CITY: Wall Street fell again on Wednesday, though a rally for Microsoft and some other Big Tech stocks helped to limit the losses.

The S&P 500 dropped 15.64 points, or 0.4 percent, to 4,055.99. The Dow Jones Industrial Average fell 228.96, or 0.7 percent, to 33,301.87, while the Nasdaq composite led the market with a gain of 55.19, or 0.5 percent, to 11,854.35.