Investors worried about a deepening recession cherry-picked stocks Monday, sending tech shares higher and financials and blue chips lower. The Dow Jones industrials were down more than 100 points, but the tech-laden Nasdaq composite index showed a modest gain. The market’s concerns were focused on two fronts: the economic stimulus proposal that is now before the Senate, and a possible plan to give further aid to the nation’s banks. Meanwhile, mostly negative economic data and news of more layoffs helped extend the gloomy mood that gave the market its worst January ever.
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