Stock Market Today: Dow Tumbles Again as Tech Slumps, Yields Rise – Barron’s


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The stock market was falling on Wednesday as fears of high inflation without strong economic growth gripped markets. Technology stocks were under pressure again.

Shortly after the open, the Dow Jones Industrial Average was down 123 points, or 0.4%, after the index seesawed this week—dropping more than 300 points Monday before rebounding a similar amount Tuesday to close at 34,314. The S&P 500 was down 0.4%. The Nasdaq Composite was off 0.5% as Apple (ticker: AAPL), Facebook (FB) and Amazon (AMZN) slipped 1.3%, 1.5% and 0.4%,…