The US stock market turned downward on Wednesday after starting the trading day on a plus. Thus, the volatile trading continues after Monday's stock market crash and Tuesday's recovery.
The broad S&P 500 index fell 0.8 percent and the Dow Jones industrial index dropped 0.6 percent. The tech-heavy Nasdaq composite index sank 1.1 percent.
It was also the large technology companies that led the decline. Semiconductor giant Nvidia, one of the most influential companies on Wall Street, fell 5.0 percent.
Hardware manufacturer Supermicro Computer plummeted over 20 percent after presenting a quarterly report that was worse than analysts' expectations. Electric car manufacturer Tesla also fell, minus 4.4 percent, and Facebook owner Meta dropped 1.1 percent.
