CNBC Daily Open: One session, two major sell-offs

On Friday, markets experienced a dramatic downturn with significant sell-offs in both the tech sector and oil prices. The tech rout intensified, causing major losses for investors, while oil prices continued their downward spiral, reflecting broader concerns about economic health and energy demand. These developments are crucial as they signal potential shifts in investor sentiment and could impact everything from corporate earnings to global economic policies. The implications of these sell-offs could reverberate through financial markets for days to come.