Stocks fell on Tuesday as investors returned to dumping stocks on fears of a recession following a brief selloff reprieve.
The Dow Jones Industrials flopped 291.69 points at noon hour to 31,588.55
The S&P 500 cratered 67.27 points, or 1.7%, to 3,906.48.
The NASDAQ Composite swooned 322.77 points, or 2.8%, to 11,212.50.
The S&P 500 sits 19% from its record after falling more than 20% from its high at one point on Friday. The Dow's losing streak is its longest since 1923.
Shares of tech companies led the losses on fears of digital advertising slowing following a warning from social media company Snap. Its shares plummeted more than 40% after the company said it's bracing to miss earnings and revenue targets in the current quarter and warned of a hiring slowdown. Meta Platforms followed Snap lower, falling 17%. Google-parent Alphabet dropped 6% to a new 52-week low.
Amazon dropped nearly 5% and hit a new 52-week low. Apple shed 3%.
Nordstrom and Urban Outfitters will report earnings after the bell.
Treasury prices leaped, lowering yields to 2.74% from Monday's 2.86%. Treasury prices and yields move in opposite directions.
Oil prices docked 82 cents to $109.47 U.S. a barrel.
Gold prices gained $18.90 to $1,866.70 U.S. an ounce.