Continuing losses from last week, Apple and Facebook each fell more than 1%, as Netflix dropped 1.35%, helping to drive the Vanguard Information Technology ETF (VGT) 1.22% lower as well. Other key economic data illustrated an economy in the throes of a "violent recovery," amid inflationary pressures and lofty stock valuations, according to at least one financial pundit. And so, that does speak to some of these supply-side shocks hitting the economy," MKM Partners Chief Economist and Market Strategist Michael Darda explained.