US equity markets opened sharply lower on Tuesday, with technology shares leading the decline.
The Nasdaq Composite fell 2.1% at the open, signaling renewed risk aversion among investors.
37% to 7,472.79. Monday’s session also saw mostly lower closes, driven by divergent performance in tech and retreating energy prices.
Memory chip maker Micron Technology was among the hardest hit, with its share price sliding significantly in early trading.
The broad sell-off extends a period of weakness in the technology sector.
US markets closed mixed on Wednesday, with the Nasdaq Composite down 1.32% to 26,166.60, while the S&P 500 fell 0.37% to 7,472.79.
Monday’s session also saw mostly lower closes, driven by divergent performance in tech and retreating energy prices.