The major averages tried to rebound, but sold off once again into the close led by technology shares and concerns of valuations in the artificial intelligence space.

The Dow Jones Industrial Average shed 498 points, or 1.07% after dropping 700 points. The S&P 500 fell 55 points or 0.83%, it’s fourth straight losing session, making for its longest slide since August. The Nasdaq Composite decreased 275 points or 1.21% to finish at 22,432.

The weakness continues in big tech like Nvidia and Microsoft down nearly 3% while Amazon fell 4%. Nvidia has plummeted more than 10% this month leading up to the chipmaker’s third-quarter results due after Wednesday’s close.

Another dog outside the tech space was Home Depot down 4% on earnings and lower guidance due to weakness in the consumer.

To the upside, healthcare stocks like Medtronic and Merck were up over 3%.

In the commodity space, oil rebounded a percent above $60 a barrel again. Gold was quiet while crypto currencies rebounded after bitcoin dropped below $90,000.

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