For some stocks, notably Apple, the sell-off continued into Monday. Shares of the tech giant, and Siri progenitor, fell 3.9% during Friday's trading and were down 3.6% as of midafternoon. Down 7.4% in total since Thursday's close.
Tech sell-off hits pension funds
Despite the mass bloodletting, IBM was up on the day, offsetting the rest of its peers by $95 million and $1.5 billion in gains to its pension fund and investment manager holders, respectively.