Facebook, Amazon, Netflix and Google Were Among Today's Biggest LosersThe FANG stocks were down today despite strong performances this year.

A morning rally in the stock market gave way to renewed selling in the afternoon as theEntrepreneur Index™fell 1.66 percent on the day.

The Dow Industrials index was up more than 300 points in the morning but ended the day down 245, or 0.99 percent. The S&P 500 index fell 0.66 percent, while thetechnology-heavy Nasdaq 100 was down 2.02 percent.

The bloodbath continued in the technology sector. The so-called FANG (Facebook, Amazon, Netflix and Google or Alphabet) stocks that have underpinned the bull run in technology stocks and the broader market, were among the hardest hit today, withAmazon.com (-6.31 percent),Netflix(-4.96 percent),Alphabet Inc.(-4.75 percent) andFacebook(-2.26 percent) all down sharply. Chip-makerNVIDIA Corp.set a new 52-week low today, falling 6.39 percent -- the biggest decline on the Entrepreneur Index™ today. Other tech stocks that traded lower includedsalesforce.com(-3.34 percent).,Verisign(-2.52 percent) andAdobe Systems Inc.(-2.28 percent).

Analog Deviceswas one of the few stocks to buck the bearish trend in technology. Down almost 20 percent since late August, the chipmaker's stock gained 1.82 percent today.Cerner Corp., the healthcare information technology firm that lost 11 percent on Friday because of disappointing earnings, rallied 5.09 percent today -- the largest gain on the Entrepreneur Index™.

Ford Motor Co.also posted a big gain after a Goldman Sachs analyst upgraded the stock to a buy, largely because of its 25 percent drop so far this year. The analyst expects the company's previously announced restructuring plan to begin yielding benefits next year, and set a $12 target for the stock.Fordshares were up 3.34 percent today.

Defensive stocks fared significantly better than growth stocks today. The REIT sector was up sharply, withEssex Property Trust(3.49 percent),Extra Space Storage(3.32 percent) andEquity Residential(2.13 percent) posting good gains. The clothing makers,L Brands(2.99 percent),Ralph Lauren(2.88 percent) andGap Inc.(2.07 percent) were also up for the day. Food manufacturersJ.M. Smucker CompanyandTyson Foodsrose 2.23 percent and 1.8 percent respectively. RetailerBed Bath and Beyondwas also up 3.25 percent.

Economy-sensitive stocks were down on the day. HomebuilderD.R. Horton Inc.fell 2.8 percent. Oil and gas producerHess Corp.was also down 3.36 percent as the price of oil continued to slide. Casino operatorWynn Resorts, down a crushing 44 percent this year, fell 6.3 percent -- the biggest decline on the Entrepreneur index outside the technology sector.Brown-Forman Corp, the maker of Jack Daniels whiskey, was also down 0.9 percent. The Trump Administration reportedly plans to slap more tariffs on Chinese imports if trade talks with China don't improve, and bourbon is a favorite target for retaliatory tariffs.

Alexion Pharmaceuticalswas down again today by 3.45 percent. The drug-makers fell as a group on Friday after it was reported that President Trump was considering tying Medicare reimbursement rates for drugs to much lower prices paid in Europe.

TheEntrepreneur Index™collects the top 60 publicly traded companies founded and run by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business, and this index recognizes its importance, no matter how much a company has grown. These inspirational businesses can be tracked in real time onEntrepreneur.com.