Tech stock tumble leads to down day on Wall Street

JaysonPhotography/iStock/Thinkstock(NEW YORK) — A down day for tech stocks pushed Wall Street lower on Wednesday.

The Dow Jones Industrial Average dropped 138.19, closing at 23,271.28.

The Nasdaq finished the session at 6,706.21, a slide of 31.66 from its open, while the S&P 500 fell 14.25, ending the session at 2,564.62.

Crude oil prices also fell on Wednesday, with a barrel selling for $55.33, 37 cents lower than at market open.

The U.S. government denied requests from two motor companies asking for more time to test Takata air bag inflators. Those companies, Ford and Mazda, are seeking to avoid massive recalls.

And the head of the Consumer Financial Protection Bureau is stepping down by the end of the month. Richard Cordray, a Democrat and a critic of President Donald Trump, is expected to return to Ohio and run for governor.

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