Back to the Anaheim Ducks Newsfeed

Tech sector faces challenges if the stock market slide continues

Last week's stock sell-off could upend an already confusing landscape for the U.S. technology sector.

For a while last week it appeared tech stocks might escape relatively unscathed, even as the broader market headed down. But Friday's 3.5% loss for the Nasdaq composite index put the leading technology exchange into the red for the year, down 0.6%.

If stocks continue sliding this week, that could put a drag on investments in technology companies, which have been strong this year. Acquisitions could pick up as initial public offerings slow.

The coming weeks should help determine whether the outlook is as bleak as some fear for start-ups, venture capitalists and tech stock investors.