According to Reuters, investors broadly sold off tech shares on July 30th, leading the top three indexes on Wall Street to end the day lower.
The FAANG group of stocks led loses on the markets, losing between 1-and-6 percent on the day.
Bu the markets on the New York Stock Exchange also fared poorly for the day.
Down over 107-points at the closing bell, the Nasdaq Composite recorded a third-consecutive trading session of loses.