Twitter was one of the big losers after Tesla CEO Elon Musk’s announcement last Friday to scrap the purchase plans. The stock dipped 11.3 percent. Tesla also fell, 6.6 percent.
Another downside on the tech side was Facebook’s owner company Meta, which was downgraded by bank analysts. The stock fell 4.7 percent.
The Dow Jones industrial average fell 0.5 percent, the technology-heavy Nasdaq composite index fell 2.3 percent and the broad S&P 500 fell 1.2 percent.