Shares of technology companies fell as Wednesday's rout continued.
The Nasdaq Composite fell by more than 3% Wednesday after surprisingly hawkish Federal Reserve minutes prompted a re-evaluation of portfolio allocations. The index slipped about 0.3% Thursday.
A French regulator fined Alphabet's Google $169 million and Meta Platforms' Facebook $67 million, saying the companies made it too difficult for users to reject cookies, the identifiers used to track their data.
Rivian Automotive's finance chief said the electric-vehicle maker plans to put growth before profit as the company looks to build out the business following its public listing in November.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-06-22 1736ET
