Stock market today: Dow, S&P 500, Nasdaq sink as tech stocks get pummeled

US stocks turned sharply lower Thursday, as investors revived a rotation out of megacap tech stocks as they looked ahead Friday's inflation reading to guide rate-cut bets, already dampened by a strong January jobs report. The Dow Jones Industrial Average (^DJI) fell roughly 1%, or over 500 points, after the blue-chip benchmark snapped a three-day win streak on Wednesday. The S&P 500 (^GSPC) dropped 1.2%, and the tech-heavy Nasdaq Composite (^IXIC) fell nearly 2%. The mixed picture comes as investors scr ...