India, March 26 -- Stocks moved sharply lower over the course of the trading day on Wednesday, giving back ground after trending higher over the past few sessions. The tech-heavy Nasdaq led the pullback amid significant weakness in the technology sector.
The major averages climbed off their worst levels going into the close but remained negative. The Nasdaq plunged 372.84 points or 2.0 percent to 17,889.01, the S&P 500 slumped 64.45 points or 1.1 percent to 5,712.20 and the Dow fell 132.71 points or 0.3 percent to 42,454.79.
The sharp pullback by the Nasdaq came as big-name tech stocks came under pressure, with shares of Nvidia (NVDA) plunging by 6.0 percent.
Shares of Tesla (TSLA) have also tumbled by 5.6 percent, while shares of Alphab...