Stocks slammed as Dow tumbles 809 points, Nasdaq 3.9%

Case-Shiller's Housing Index rose a record 20.2% in February

U.S. stocks closed at the lows of the session on Tuesday as technology stocks paced the broad declines with the Nasdaq Composite off 3.9%. Inflation fears, slowing economic growth and a Federal Reserve prepared to raise interest rates creating the perfect storm for investors. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 30824.95 -142.87 -0.46%
SP500 S&P 500 3818.19 -13.20 -0.34%
I:COMP NASDAQ COMPOSITE INDEX 11293.615334 -28.62 -0.25%

The Dow Jones Industrial Average lost 809 points or 2.4%, while the S&P fell 2.8%. 

The selling comes ahead of Microsoft and Google earnings due after the bell. 

S&P 500 ABOUT TO FALL SHARPLY AS IT TEETERS ON BRINK OF BEAR MARKET, MORGAN STANLEY SAYS

Ticker Security Last Change Change %
MSFT MICROSOFT CORP. 262.85 +3.27 +1.26%
GOOGL ALPHABET INC. 2,265.26 +90.51 +4.16%
AMZN AMAZON.COM INC. 113.50 +3.94 +3.60%
AAPL APPLE INC. 141.56 +2.63 +1.89%

Later in the week, investors will hear from Amazon and Apple. 

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In other earnings news, Pepsi joined Coca-Cola in reporting better than expected results. The soda and snack maker also lifted its revenue outlook for the year. 

Ticker Security Last Change Change %
PEP PEPSICO INC. 169.01 -0.38 -0.22%
KO THE COCA-COLA CO. 63.28 -1.10 -1.71%

General Electric shares fell after revenue fell short of the company's expectations tied to supply-chain issues and Russia-Ukraine headwinds. 

Ticker Security Last Change Change %
GE GENERAL ELECTRIC CO. 62.03 -1.51 -2.38%

Twitter remains in focus as investors handicap what the new, privately held company will look like under the direction of Elon Musk. 

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Ticker Security Last Change Change %
TWTR TWITTER INC. 38.38 +0.15 +0.39%
US stocks

U.S. stocks were choppy early Tuesday morning as first-quarter earnings season kicks into high gear.  (Courtney Crow/New York Stock Exchange via AP)

NETFLIX SUBSCRIBER LOSSES PROMPT ANIMATED PROJECT CANCELLATIONS: REPORT

Ticker Security Last Change Change %
USO UNITED STATES OIL FUND L.P. 74.78 -6.89 -8.44%
BNO UNITED STS BRENT OIL FD LP UNIT 30.82 -2.52 -7.56%

In commodities, oil rebounded, with U.S. crude rising to the $101.70 per barrel level, while Brent, the global benchmark, hit $104.99

In cryptocurrencies, Bitcoin fell below the $40,000 level. 

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The Associated Press contributed to this report.