Tech stocks tumble, taking down Nasdaq as big names sink by Lewis Krauskopf

Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street indexes, which touched record highs earlier in the day.

The technology sector .SPLRCT, which soared this year and led the market's rally, finished down 2.7 percent, after paring declines.

But financials .SPSY and energy .SPNY, which have lagged the broader rally this year, were strong. Energy gained 2.5 percent and financials rose 1.9 percent.

Continue reading: http://www.reuters.com/article/us-usa-stocks-idUSKBN1901LX