Stocks Fall After Kabul Bombing; Traders Also Wait for Fed

Stocks Fall After Kabul Bombing; Traders Also Wait for Fed
The facade of the New York Stock Exchange on June 16, 2021. Richard Drew/AP Photo
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Technology and communication companies led a broad sell-off on Wall Street Thursday following deadly suicide attacks at the Kabul airport in Afghanistan.

The S&P 500 fell 0.6 percent a day after capping a five-day winning streak with an all-time high. The Dow Jones Industrial Average fell 0.5 percent, while the Nasdaq composite lost 0.6 percent. Despite the losses, the three major indexes are on track for weekly gains.