Dow drops 600 points as tech stocks fall again, Nasdaq down 10% in 3 days; European stocks close lower amid tech slump; Royal Mail up 25%; BELEX15 remains flat 
Stocks fell sharply on Tuesday as technology shares were under pressure once again following their worst sell-off in more than five months last week. The Nasdaq Composite dropped 4.1% to end the day at 10,847.69. Tuesday’s drop put the tech-heavy Nasdaq down 10% over the past three sessions. In that time, the composite has fallen from a record into a correction on and intraday and closing basis. The Dow Jones Industrial Average plunged 632.42 points, or 2.3%, to 27,500.89. The S&P 500 slid 2.8% to 3,331.84. 
Facebook and Amazon were both down more than 4% Microsoft and Apple slid 5.4% and 6.7%, respectively. Netflix closed 1.8% lower and Alphabet lost 3.6%. Zoom Video fell by 5.1%. The S&P 500 tech sector dropped 4.6% and closed Tuesday’s session more than 11% below an all-time high set on Sept. 2. 

European markets pulled back further Tuesday as steep declines in the dominant U.S. tech sector continued to weigh on investor sentiment. The pan-European Stoxx 600 provisionally closed over 1% lower, with the tech sector falling another 2% as almost all sectors and major bourses fell into negative territory. 
Revised data published Tuesday showed that second-quarter euro zone GDP (gross domestic product) contracted by 14.7% year-on-year and 11% from the previous quarter, less than initial estimates but still its sharpest decline on record. 
Royal Mail surged over 25% to lead the Stoxx 600 after the British postal company raised its revenue target. 

Serbian BELEX15 was flat with no material changes as major names were also with no big movements. NIS was the most dominant in overall trade as it generated RSD 6m in volume. Impol, aluminum processor was up almost 3%. The company ended first half of 2020 with net loss and 6% lower sales as costs remained fixed. We saw no specific corporate events neither macro news. 
Source: CNBC, Ilirika