The Nasdaq wasn't able to hold on to gains from earlier in the session.
The Nasdaq reached an all-time intraday high shortly following the opening bell.
Top stories today: Broadcom could make an offer to buy Qualcomm for $100 billion, Sprint and T-Mobile called off merger plans over the weekend and Saudi Crown Prince Salman cracks down corruption.
Apple, Bed Bath & Beyond, and General Mills are on the outs.
There's been a delayed response to the good news for some companies.
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