Tech Leads Stock Market Sell-Off as Jitters Flare Up on Wall Street

Key Takeaways Markets were on edge as this year's software stock slump picked up steam. The tech-heavy Nasdaq dropped 1.4% Tuesday, weighed down by sinking tech stocks. The benchmark S&P 500 pared losses to close down about 0.8%, and the blue-chip Dow Jones Industrial Average, which this morning hit a record high, slid 0.3%. (Read Investopedia's live markets coverage here.) Rather, the slump appeared to be an acceleration of the moves that have characterized markets so far this year. Software stocks have be ...