The SPDR Technology Select Sector ETF tumbled 4.2% in morning trade, with all 73 of its stock components moving moving lower, to trade at the lowest level since Oct. 20. Meanwhile, at the ETF’s intraday low of $31.32, which was hit in the first couple minutes of trade, according to FactSet, the tech sector tracking stock was down 21% at the lowest level since Sept. 3, 2013. Share of Apple Inc. , which is the XLK’s mostly heavily-weighted component, slumped 4.5%, but had been down as much as 13% at its intraday low of $92. Microsoft dropped 2.8%, but pared earlier losses of 7.8%.
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