A steep, late-afternoon sell-off in technology companies has pulled US stocks sharply lower, knocking 344 points off the Dow Jones industrial average. The market slide erased modest gains from earlier in the day and much of a powerful rally from the day before. The Russell 2000 index of smaller-company stocks gave up 30.15 points, or 2%, to 1,513.57. The major stock indexes appeared to be heading for more gains after their strong finish on Monday, but the rally did not last. The decline in bond yields helped pull banks and other financial stocks lower.

Source: Daily Mail March 27, 2018 21:56 UTC