Wall Street’s main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher United States Treasury yields and the Federal Reserve tightening monetary policy.The Nasdaq ended down 10.7 percent from its Nov. 19 closing record high, as stocks sold off into the market close. A correction is confirmed when an index closes 10 percent or more below its record closing level.The Nasdaq’s last correction was in early 2021, when the tech-heavy index fell more than 10 percent from Feb. 12 to March 8. On Wednesday, Apple shares fell 2.1 percent, weighing most on the Nasdaq, while declines in Tesla and Amazon also dragged on the index.
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