Wall Street swung back down on Tuesday, and its former superstars once again led the way.

The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record last week and then rallied for two straight days. The Dow Jones industrial average fell 260 points, or 0.6%, and the Nasdaq composite sank 1.7%.

Tesla was one of the heaviest weights on the market after falling 5.3%. The electric-vehicle maker’s stock has been struggling on worries that it will lose sales because of anger at its CEO, Elon Musk, who has been leading efforts to cut spending by the U.S. government.

Alphabet sank 2.2% after the owner of Google said it would buy cybersecurity firm Wiz for $32 billion.

The drop for Big Tech continues a trend that’s taken hold in the market’s recent sell-off.

Nvidia fell 3.3% as it hosted an event known as “AI Woodstock.” Super Micro Computer, which makes servers, lost 9.6%. Palantir Technologies, which offers an AI platform for customers, sank 4%.

The Federal Reserve began its latest meeting on interest-rate policy Tuesday and will make its announcement on Wednesday. Virtually everyone on Wall Street expects the Fed to hold its main interest rate steady.

All told, the S&P 500 fell 60.46 points to 5,614.66 Tuesday. The Dow dropped 260.32 to 41,581.31, and the Nasdaq composite fell 304.55 to 17,504.12.

In the bond market, the yield on the 10-year U.S. Treasury note fell to 4.28% from 4.31% late Monday.

— Associated Press