The Nasdaq fell 1.7%, or 35.4 points, to 2,030.08. Our InformationWeek 100 fell 1.2%, or 4.05 points, to 336.43. Over at the Dow, the damage was held to 1.3%, or 134.28 points, to close at 10,381.28. And the S&P 500 fell 1.4%, or 15.76 points, to 1,129.44.
Tech shares were probably hit hardest because of fears that Intel's earnings won't measure up to expectations. Generally, though, earnings reports are good as are recent retail sales, leading many to think the key prime lending rate will be raised to ward off inflation.
The Nasdaq-100 tracking stock, for instance, lost ground. It fell 1.5%, or 54 cents, to $36.63, on heady volume of almost 100 million shares.
See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.