Nvidia Is Leading a Mag 7 Selloff, But Breadth Is Mixed
Wall Street shed Nvidia and other large tech stocks as the final session of August rolled on.
The Nasdaq Composite was down 1%, while the S&P 500 was off 0.6%. The Dow was down 160 points, or 0.4%.
Just under half of the stocks in the S&P 500 were rising, but tech, industrials, consumer discretionary, and communication services were getting hit hard.