9/23, 5:54 PM (Source: TeleTrader)
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Dow drops over 100 pts, tech leads losses

The Dow Jones Industrial Average index lost over 100 points on Wednesday as shares of tech companies mostly led the overall decline.

The Dow Jones fell by 0.44%, or 120 points, at 11:57 am ET. Shares of Intel, Cisco Systems, Microsoft and Apple all decreased by over 1%, while Salesforce dropped more than 2%.

The Nasdaq 100 was 1.61% down at 12:01 pm ET as Tesla plummeted 8.67% concurrently, while Pinduoduo and Splunk both declined by over 3%. The S&P 500 was 0.83% lower at 12:04 pm ET. The euro dipped by 0.26% against the dollar to go for 1.16798 at 12:05 pm ET.

Breaking the News / MS