Banking and tech stocks led the market sharply lower this morning following the financial system bailout deal reached over the weekend.
The Dow Jones Industrial Average was down 257, or 2.3 percent, at 11 a.m. Waterbury-based Webster Financial Services was off 1.58, or 6.4 percent, to $23.75, while Bank of America dipped $2.50, or 6.8 percent, to $34.20.
The tech-heavy NASDAQ was down nearly 4 percent, with Apple plunging 14 percent and solar energy leader First Solar dropping 9 percent.
People’s United Financial, which owns People’s United Bank of Bridgeport, bucked the downward trend by gaining 22 cents, or 1.24 percent, to $18.02.
