Investing.com - Big name technology stocks sold off for the second time this week on Thursday, with shares of the top-five tech leaders, Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and Google parent Alphabet (NASDAQ:GOOGL), all in the red shortly after the market open.
Tech darlings like Netflix (NASDAQ:NFLX), NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) were also among the biggest losers in early trade.
The Nasdaq Composite dropped 54 points, or around 0.9%, by 9:40AM ET (1340GMT), the S&P 500 fell 12 points, or about 0.5%, while the Dow declined 60 points, or roughly 0.3%.
Appetite for riskier assets took a hit from a relatively hawkish Federal Reserve and a media report that U.S. President Donald Trump is being investigated by a special counsel for possible obstruction of justice.