U.S. stocks fall amid tech weakness

NEW YORK, May 10 (Xinhua) -- U.S. stocks sank on Monday, dragged down by overall weakness in tech sector.

The Dow Jones Industrial Average lost 34.94 points, or 0.10 percent, to 34,742.82. The S&P 500 slid 44.17 points, or 1.04 percent, to 4,188.43. The Nasdaq Composite Index shed 350.38 points, or 2.55 percent, to 13,401.86.

Six of the 11 primary S&P 500 sectors ended in red, with technology down 2.53 percent, leading the laggards. Utilities rose 1.02 percent, the best-performing group.

U.S.-listed Chinese companies traded lower with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

For the week ending Friday, the Dow rose 2.7 percent, and the S&P 500 advanced 1.2 percent, while the tech-heavy Nasdaq dropped 1.5 percent, as Wall Street reassessed the momentum of an economic recovery.