Nasdaq finishes in correction territory after worst day since February

Joseph Adinolfi is a markets reporter at MarketWatch.

U.S. stocks tumbled on Wednesday, with the Nasdaq Composite seeing its biggest pullback since February, as Google parent Alphabet Inc.

shares cratered, weighing on the broader market. The Nasdaq Composite COMP, -2.43% fell 318.65 points, or 2.4%, to 12,821.22, finishing in correction territory for the first time since late December 2022, according to preliminary closing data from FactSet. The S&P 500 SPX, -1.43% fell 60.91 points, or 1.4%, to 4,186.77. The Dow Jones Industrial Average DJIA, -0.32% fell 105.45 points, or 0.3%, to 33,035.93.

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