Stocks tumble as Nasdaq posts worst day since September

  • Stocks tumble as Nasdaq posts worst day since September

    The Fed driven rally fizzled as investors rotated away from growth names, such as large tech, into more cyclical companies. The Nasdaq Composite's 2.5% dip was the worst since September with techs a large weight on the S&P 500 as well. This as the Dow Jones Industrial Average posted a small gain led by Verizon and Travelers.

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