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.

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