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The US stock market closed lower, with the Dow Jones down nearly 1%, the Nasdaq down 0.64%, and the S&P down 0.46%; Large tech stocks fluctuated, with Meta falling more than 10%, Tesla rising nearly 5%, and Nvidia rising over 3%; Microsoft's revenue in the third quarter exceeded expectations, and its stock price rose by over 5% at one point after hours; Alphabet's first quarter revenue exceeded expectations, and its stock price briefly rose by over 16% after hours.
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