Tech drags down stocks

New York Wall Street's euphoria took a break Thursday, as steep losses in technology stocks dragged the rest of the market down with them. The S&P 500 fell 3.5 percent, the biggest decline for stocks since early June, when investors were dealing with a surge of coronavirus infections in places like Florida, Texas and Arizona. There seemed to be no explicit catalyst for the sell-off, with economic data coming in roughly where the market had expected and no companies issuing foreboding warnings. That said, the market felt due for a breather,...