Technology stocks suddenly dropped around noon Eastern time on Friday, sending the Nasdaq composite index down nearly 1% in less than an hour. Popular tech stocks including Apple Inc. , Facebook Inc. , Alphabet Inc. , Netflix Inc. , Salesforce.com Inc. , Microsoft Corp. and Twitter Inc. suffered swings at roughly the same time, pushing all those stocks down more than 1.5% for the session by 1 p.m. The SPDR Technology Select Sector exchange-traded fund also dropped by about 1% between noon and 1 p.m., showing a broad and sudden decline for technology stocks.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News