Tech is leading the way down for stocks
Tech stocks were leading the stock market lower ahead of Thanksgiving.
The tech-heavy Nasdaq Composite Index was off 1% in early afternoon trading, while the S&P 500’s information technology sector was off 1.8%, according to FactSet.
That’s compared with a 0.2% drop by the blue-chip Dow and a 0.5% retreat for the broader S&P 500 index.