Stocks have taken a tumble and have lost most of the session's gains.
The downturn is broad-based with the most noticeable decline in
financials (+0.1%), which was up 1.2% at its session high.
Large-cap tech continues to outperform on a relative basis. The Nasdaq
100 is up nearly 0.7%, helped by Apple (AAPL 183.15, +1.98) and Google
(GOOG 552.93, +8.31). Earlier today, telecom operator TeliaSoneria
announced it has agreed to bring Apple's iPhone to Nordic and Baltic
markets.