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Stocks drift in early trading after closing out a big August

| September 1, 2020 7:03 AM

NEW YORK (AP) — Stocks are starting the new month on a weak note on Wall Street, a day after notching their biggest monthly gains since April. The S&P 500 was waffling between small gains and losses in the early going Tuesday, while gains for Apple and other tech stocks pushed the Nasdaq higher. Zoom Video Communications soared a day after the now-ubiquitous video conferencing service reported another quarter of explosive growth. This is a busy week for economic news, culminating Friday with the monthly U.S. jobs report. Tesla gave back some of its recent gains after saying it would sell up to $5 billion in stock.

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