Dow plummets 632 points as tech-sector carnage spoils another day

Sep 08, 2020 - Business Insider

US equities tumbled on Tuesday as investors continued to dump highly valued tech giants. The tech-heavy Nasdaq composite index dropped more than 4%, extending its loss to 11% in the period since Sept. 2.

Apple, Microsoft, and Facebook slumped along with top work-from-home plays including Zoom Video and Docusign. Tech stocks led the market slide, while utilities and health care names were the most insulated.

Treasurys and the US dolla...