Alphabet, Microsoft, Facebook, Amazon, and Apple all lost over 2%, while the Vanguard Information Technology ETF(VGT) tumbled over 2.5% Wednesday. Stocks and index ETFs tumbled on Wednesday, setting up for a third day of losses, amid pressure from technology declines and important inflation data showing elevated prices. Inflation ramped up the quickest since 2008 last month, with the Consumer Price Index surging 4.2% from a year ago, compared to the Dow Jones projection of a 3.6% increase.