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Tech share sell-off drags US stocks lower

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A second straight sell-off of popular technology shares has dragged US stocks lower, as tensions with Russia over Ukraine kept investors on edge.

At the closing bell on Monday, the Dow Jones Industrial Average was down 25.88 points (0.16 per cent) at 16,276.89.

The broad-based S&P 500 lost 9.08 (0.49 per cent) at 1,857.44, while the tech-rich Nasdaq Composite fell 50.40 (1.2 per cent) to 4,226.38.

Stocks eventually halved their early losses – the Nasdaq having given up more than 2.0 per cent at one point.

Some of the most popular Nasdaq counters took sharp falls: LinkedIn (-4.4 per cent), Priceline (-3.3 per cent), Facebook (-4.5 per cent), Tesla (-3.9 per cent) and Twitter (-4.2 per cent).