![Tech Stocks Drop to Start 2024](https://i0.wp.com/contentedreader.com/wp-content/uploads/2024/01/1704232075_social.jpeg?resize=768%2C432&ssl=1)
Tumbling technology stocks cast a pall over a trading day in which the Dow Jones Industrial Average ended at a new all-time high, showing how much sway a few giant technology firms have over the broader market.
The tech-heavy Nasdaq Composite Index declined 1.6%, dragged down by the same big names, including Apple and Nvidia, that propelled it 43% higher last year.
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