The major indexes fell Wednesday even with Nvidia on the cusp of a new milestone. Salesforce plunged late on weak sales and guidance.
Tech stocks are under pressure for a second day after disappointing earnings and outlooks from software companies Salesforce and UiPath.
Salesforce issues a weak outlook and the stock slumps, UiPath’s revenue outlook comes in well below analysts’ estimates, and Kohl’s posts a surprise first-quarter loss.