A broad sell-off of technology stocks has pushed the three major US stock indexes lower, with the Nasdaq Composite posting its third consecutive loss of more than 1 per cent for the first time in three years just days after hitting a record high.

A broad sell-off of technology stocks has pushed the three major US stock indexes lower, with the Nasdaq Composite posting its third consecutive loss of more than 1 per cent for the first time in three years just days after hitting a record high.