Why Microsoft, Nvidia, and Salesforce Stocks Fell Today
Technology stocks' September sell-off continued on Tuesday. By the close of trading, shares of Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Salesforce.com (NYSE: CRM) were all down more than 5%.
The Nasdaq Composite suffered through another brutal day, as the tech-heavy index shed more than 4% of its value. The S&P 500 and Dow Jones Industrial Average suffered losses of more than 2%. Microsoft, Nvidia, and Salesforce certainly played a part in the indexes' declines. The tech giants collectively lost more than $100 billion in market capitalization.
Investors continued to bail out of tech stocks on Tuesday. Image source: Getty Images.
Source Fool.com
