Tech Stocks Are Sinking as Investors Shun Risk

Wall Street was back in risk-off mode as investors piled into energy and consumer staples.The S&P 500 fell 1.1%, while the Nasdaq Composite sank 1.7%. The Dow was down 263 points, or 0.5%. A majority of stocks in the S&P were actually trading higher.The last time the S&P 500 fell more than 1% on a day that it had positive breadth was Dec. 17, according to Dow Jones Market Data. The S&P 500 Equal Weight Index is beating the standard S&P 500 by 1.12 percentage points, which is its largest outperformance since ...