09-06-2017 22:00 via feedproxy.google.com

TECH GETS SLAMMED: Here's what you need to know

The Nasdaq took a nosedive in the mid-afternoon after hitting a new record high earlier in the day.
The tech-heavy index fell by as much as 2.8% just before 3 p.m. ET before retracing some of its losses minutes later.
Earlier in the day, Goldman Sachs came up with a new acronym for the big-player stocks in the tech space —"FAAMG" — encompassing Facebook, Amazon, Apple, Microsoft, and Alphabet. 
Shares of all five got slammed on Friday, with each falling&
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