Stocks fall as tech rout deepens, Nasdaq extends losses

Stocks fall as tech rout deepens, Nasdaq extends losses

Stocks fell Tuesday morning, with the Nasdaq adding to Monday’s losses as technology stocks came under increasing selling pressure as inflation concerns rose. 

The S&P 500 and Dow also dropped. A day earlier, the Dow briefly topped 35,000 for the first time ever before erasing gains to end in the red. The Nasdaq dropped 2.6% to post its worst day since March. The S&P 500 also dropped more than 1%, with technology stocks sliding as traders rotated away from high growth stocks that could be…


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