Tech majors like Nvidia and Palantir traded 1.53% and 0.30% lower, respectively, in the early minutes of trade. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The S&P 500, Dow Jones Industrial Average and tech-heavy Nasdaq Composite extended their losses in early trade on Tuesday, caused by a slide in the shares of tech majors.

Dow Jones slipped nearly 1% or 379.13 points to trade at 46,211.11, while wider index S&P 500 traded 0.27% or 18.20 points lower at 6,654.21 and tech-heavy Nasdaq Composite declined 0.33% or 74.80 points lower to trade at 22,633.27.

As of 9:32 p.m. Nasdaq declined 2.04% to trade at 22,287.93 while S&P 500 and Dow Jones traded 1.41% lower each.

Tech majors like Nvidia and Palantir traded 3.23% and 2.76% lower, respectively.

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