NEW YORK (AP) — Stocks fell in afternoon trading on Wall Street Tuesday, pulled down by losses in the same big tech companies that have been the main drivers of the market’s rally so far this year.

The S&P 500 fell 1%. The Dow Jones Industrial Average fell 293 points, or 0.6%, as of 1:56 p.m. Eastern time. The Nasdaq composite sank 1.6%.

The losses were spread broadly throughout the S&P 500, but technology companies were the biggest weights dragging the market lower.

Palantir Technologies, which had more than doubled so far this year, fell 7.2% despite reporting results that beat analysts’ forecasts.

Nvidia also reversed course from a day earlier, falling 3%, while Microsoft fell 1%. Their huge values give them outsize influence over the market’s broader direction.

Wall Street remains

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