Stock market today: World shares decline, weighed down by Wall St's tech retreat

Shares have retreated in Europe and Asia after a broad washout across Wall Street dragged U.S. stocks lower. Benchmarks in Hong Kong and Taiwan dipped more than 2% as investors remained wary over China's plans for reviving its slowing economy. U.S. futures and oil prices declined. On Thursday, the S&P 500 fell 0.8% and the Dow Jones Industrial Average sank 1.3% from its own record set a day before. The Nasdaq composite closed 0.7% lower. Apple, Microsoft and other Big Tech stocks once again led the market lower. The losses hit many corners of the market, with smaller stocks that had been cranking higher after badly lagging their larger rivals sinking more than the rest of the market.