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U.S. Stock Indexes Slide as Tech Shares Retreat – The Wall Street Journal

Major indexes have been hovering close to record levels

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U.S. stocks fell in morning trading Tuesday, as technology stocks weighed on major indexes. The S&P 500 slid 1.2%. The benchmark advanced 0.3% on Monday, despite declines in giant technology stocks. The technology-heavy Nasdaq Composite fell 2.3%. The Dow Jones Industrial Average declines 0.8%, or 270 points.The major indexes had been hovering close to record levels as investors weigh strong economic data and robust corporate earnings against inflation concerns and rising coronavirus cases in parts…

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