Dow drops more than 450 points; tech stocks rout erases market's gain for 2018

The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target and Kohl's as well as a fall in energy shares added to worries for Wall Street, which is still reeling from a technology selloff. At 11:34 a.m. EDT the Dow Jones Industrial Average was down 496.90 points, or 1.99 percent, at 24,520.54, the S&P 500 was down 42.00 points, or 1.56 percent, at 2,648.73 and the Nasdaq Composite was down 96.47 points, or 1.37 percent, at 6,932.01.