Stocks Turn Lower as Big Tech Names Struggle

Technology banal selling accelerated astir 10 a.m. ET.

The Nasdaq Composite sank 1.6%. The S&P 500 fell 0.8%. The Dow dropped 80 points, oregon 0.2%.

A bulk of stocks successful the S&P 500 were connected the rise, but the index’s tech assemblage was down 3%. Big losers included Microsoft, which sank 12% aft earnings. The iShares Expanded Tech-Software Sector ETF sank 5.8%.