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That triggered a sell-off in other members of the so-called FAANG group.
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That triggered a drop in other members of the so-called FAANG group.
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The reports triggered a pullback in other members of the so-called FAANG group.
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Each of the FAANG stocks has significantly outperformed the S&P 500 this year.
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FAANG is popular, but it is expensive, which makes it dangerous.
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However, for the quarter the so-called FAANG stocks are still up almost 20 percent.
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Even the high-flying FAANG group of stocks were not insulated from the broad-based declines.
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The FAANG companies' earnings growth is expected to be 6 percent for the second quarter.
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To be sure, the FAANG stocks remain among the most popular buys on Wall Street.
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The impact on the rest of the FAANG group of high-flying tech stocks was marginal.
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The FAANGs are enjoying a stellar year.
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High-flying FAANG stocks came back to earth late last year amid fears that a decade-old bull market was fading.
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However, the benchmark S&P 500 index edged higher and the Nasdaq posted gains as the tech-related FAANG stocks rose.
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FAANG stocks also rebounded from Monday's tech selloff, which was triggered by fears of heightened scrutiny from antitrust regulators.
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The market cap of the five FAANG stocks currently stands at $3.915 trillion.
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It houses three of the five FAANG stocks -Netflix, Google-parentAlphabet and Facebook -all of which were higher.