Major US stock indices ended lower yesterday as sell-off in tech stocks in the prior session shifted to other sectors of the market. Communication services, Consumer staples, Consumer discretionary, Financials and healthcare sectors were among the major laggards.
The Dow Jones Industrial Average fell over 1.2 per cent, the S&P 500 dropped half a per cent and the Nasdaq Composite declined 0.2 per cent.
The indices ended on a mixed note for the second consecutive week. During the week, the Nasdaq shed 0.7 per cent, and S&P 500 fell nearly half a per cent.
Conversely, the Dow Jones Industrial Average added 0.4 per cent, marking its third straight weekly gain.
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