U.S. stocks tumbled on Wednesday, with the Nasdaq Composite seeing its biggest pullback since February, as Google parent Alphabet Inc.
GOOGL,
shares cratered, weighing on the broader market. The Nasdaq Composite
COMP,
fell 318.65 points, or 2.4%, to 12,821.22, finishing in correction territory for the first time since late December 2022, according to preliminary closing data from FactSet. The S&P 500
SPX,
fell 60.91 points, or 1.4%, to 4,186.77. The Dow Jones Industrial Average
DJIA,
fell 105.45 points, or 0.3%, to 33,035.93.