Tech stocks suffer sudden, sharp slide – MarketWatch

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Technology stocks suddenly dropped around noon Eastern time on Friday, sending the Nasdaq composite index COMP, -0.94% down nearly 1% in less than an hour. Popular tech stocks including Apple Inc. AAPL, -2.86% Facebook Inc. FB, -1.96% Alphabet Inc. GOOGL, -2.00% GOOG, -1.91% Netflix Inc. NFLX, -3.02% Inc. CRM, -3.92% Microsoft Corp. MSFT, -2.46% and Twitter Inc. TWTR, -3.07% suffered swings at roughly the same time, pushing all those stocks down more than 1.5% for the session by 1 p.m. The SPDR Technology Select Sector exchange-traded fund XLK, -1.67% also dropped by about 1% between noon and 1 p.m., showing a broad and sudden decline for technology stocks.