From Dow Jones & Company:

U.S. stock indexes are down for the second straight session amid concerns that the rally in technology stocks has gone too far too fast. The S&P 500 fell 0.6% to 4,712, the Dow Jones Industrial Average dropped 0.6% to 37,502, and the Nasdaq Composite eased 0.9% to 14,640. The pullback follows a poor start to the year for last year’s big winners, with widespread uncertainty and an end to a nine-week winning streak. There are also fears of naval conflict in the Red Sea and geopolitical tensions following an assassination in Lebanon. Additionally, U.S. job openings dipped, and the manufacturing sector contracted for the 14th consecutive month in December. Shares of Apple Inc and Moderna Inc were both down.



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