05-02-2016 21:09 via rocketnews.com

Technology stocks lead Wall Street selloff

By Caroline Valetkevitch(Reuters) – U.S. stocks added to losses in late Friday trading, led by a 3-percent drop on the Nasdaq following weak forecasts from technology companies including LinkedIn <LNKD.N>.
LinkedIn was down 45 percent at $105.67, a day after the company’s revenue forecast missed estimates. Tableau Software <DATA.N> was down 49.5 percent at $41.30.Big tech names also dropped sharply, including Facebook shares fell 5.7 percent to $104.20, while Alphabet <
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