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Alex Wong | Getty Images
Amazon CEO Jeff Bezos, founder of the Blue Origin venture and owner of the Washington Post, participated in an event sponsored by the Air Force Association September 19, 2018 in National Harbor, Maryland.
Technology stocks and other related names are set to head lower Thursday, after getting clobbered in the worst day in over seven years on Wednesday.
Technology Select SPDR Fund, which tracks the S & P 500 technology sector, was broken down by 1.4 percent in premarket trading
The S & P 500 Information Technology Fellowship 4.8 percent on Wednesday, closing price at $ 1,220.62, marking the biggest decline since August 18, 2011 when it dropped 5.3 percent.
The largest U.S. companies by market capitalization are among those falling in the tech sector. These stocks have also been the biggest contributors to the extended market rally. Apple and Amazon are both up sharply this year, as investors will continue to deliver earnings growth and gain greater market share.
Amazon and Netflix were all selling tech-related things in the current market rout.
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