Tech stocks moved 'too far, too fast' -money manager

STORY: Wall Street's main stock indexes fell on Tuesday, dragged down by mega-cap names, after data showing a rebound in business activity in February stoked fears that the Federal Reserve might have more room to raise rates to control inflation.

Tesla,, Microsoft and Google-parent Alphabet fell between 1.7% and 3.2%, as the yield on the U.S. benchmark 10-year Treasury notes hit a fresh three-month high.