Tech snaps 10-day winning streak, drags stocks lower

People walk outside of the New York Stock Exchange.

Spencer Platt | Getty Images

Dow Jones Industrial Average plunges 800 points

Tech snaps 10-day winning streak

Reopening names bounce

To be sure, shares of companies that would benefit from the economy reopening rose broadly. Cruise operator Carnival rose 5.2% and Macy’s popped 8%. United Airlines advanced 1.4%.

What happens next?

Traders are bracing for the Friday release of the U.S. jobs for August. Economists polled by Dow Jones expect more than 1 million jobs were added last month.

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