Stock Market Today: Markets End Lower Again as Tech Stocks Drag Investors braced for another stomach-churning session as stocks fell sharply in early trading Monday. However, unlike Friday, where losses accelerated as the day progressed, today''s selling eased off. SEE MORE The Best Online Brokers and Trading Platforms, 2022 Federal Reserve Chair Jerome Powell''s gloomy speech last week in Jackson Hole, Wyoming, seemed to have a lingering effect on Wall Street. "Powell broke no new ground in his remarks, and instead reiterated his stance that the Fed is 1) attempting to moderate demand to allow supply to catch up and 2) monitoring inflation expectations to ensure they remain anchored," says Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company. He adds that the head of the Fed was "more direct" in the central bank''s commitment to fight inflation, "saying it is prepared to continue its aggressive rate hike posture for as long as needed, even if it causes pain for the economy and households." Technology (-1.3%) was Monday''s worst-performing sector, pressured lower by semiconductor stocks Advanced Micro Devices ( AMD , -3.0%) and Nvidia ( NVDA , -2.8%).