Nov. 19 (UPI) -- The Dow Jones fell nearly 400 points Monday, as some of the most popular technology stocks plummeted.
The Dow fell 395.78, or 1.56 percent, to 25,017.44 at the end of trading, as stocks in the "FAANG" group, including Facebook, Amazon, Apple, Netflix and Alphabet -- Google's parent company -- continued a downward trend dropped more than 20 percent from their one-year highs.
The S&P was also down 1.66 percent and the Nasdaq Composite fell 3 percent.
Ongoing concerns about demand for Apple's iPhones pushed the company's stock down 5 percent after the Wall Street Journal reported the company cut protection orders for its recently announced iPhone XR, iPhone XS and iPhone XS Max.
Tech stocks as a whole took a hit Monday after the Financial Times reported that China would deepen investigations into Samsung, SK Hynix and Micron Technology into alleged "massive evidence " of antitrust violations.
Shares of Micronfell 6.6 percent and Advanced Micro Devices dropped 7.5 percent.
Alphabet was also down 3.8 percent, while Netflix was down 5.5 percent.