Comment on Stock market today: Dow drops over 300 points amid a tech stock rout

Stock market today: Dow drops over 300 points amid a tech stock rout

Michael Nagle/Xinhua via Getty ImagesXinhua News AgencyStocks dropped Friday led by a decline in mega-cap tech firms.The 10-year Treasury yield jumped above 4.6%.Still, equities ended the holiday-shortened week in the green.US stocks sank on Friday as technology firms led a broad-sweeping decline across each major index.The tech-heavy Nasdaq Composite fell 1.49% while the S&P 500 lost 1.11%.

 

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