Investors Flee Tech Stocks Again, Pummeling Nasdaq

[Purveyor]

Source: Associated Press

NEW YORK (AP) -- The high-flyers are laying the stock market low - once again.

Investors turned against biotech, Internet and other once-soaring stocks on Thursday, driving the Nasdaq composite index to its worst day since 2011.

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The Nasdaq ended the day down 129.79 points to 4,054.11. It is now down 7 percent from its recent high reached March 5. Other major index also fell, but not as much.

The Standard & Poor's 500 index dropped 39.10 points to close at 1,838.08. It is now down 2.09 percent for the year, although it still remains close to its all-time reached April 2. The Dow Jones industrial average lost 266.96 points to 16,170.22. It is off 1.6 percent for 2014.

Read more: http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-04-10-18-55-40

[Jesus Malverde]

1. bump... nt

[Spitfire of ATJ]

2. Thank Linux.