Tech Shares Tumble, Pushing Nasdaq Decrease

A steep drop in shares of Alphabet, Amazon.com and different expertise corporations dragged the Nasdaq Composite into correction territory Wednesday. 

The tech-heavy index slid 2.4% in a punishing session that pulled it down greater than 10% from its current excessive. Its losses accelerated within the afternoon, sending the gauge to considered one of its worst one-day declines of the yr.