Market Snapshot: Stock market books back-to-back declines as tech shares extend swoon

U.S. equity benchmarks finished lower for a second straight session on Wednesday as a withering decline among last year’s most-prominent stock performers helped to unsettle Wall Street sentiment.

Trading was unusually choppy, with the Dow switching in and out of positive territory 29 times and the S&P 500 whipsawing about 59 times on a minute-by-minute basis, according to WSJ Market Data Group. That volatile action came as investors digested upbeat data on U.S. economic growth and home sales, against the backdrop of the battered tech complex.

Read:Will the tech rout wreck the stock-market rally?

Wednesday trading comes in an abbreviated week, with market closed Friday for Good Friday.

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