[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.0%), and DJIA (-0.2%) are back near their opening lows.
Losses across the communication services (-2.0%) and information technology (-1.4%) sectors have widened, weighing on the major averages as mega-cap and tech names continue to trend lower.
Meanwhile, the industrials sector (-1.2%) also faces a considerable loss, with particular weakness across engineering and construction names.