Closing changes:
- S&P 500 -0.35%
- Nasdaq Comp -1.2%
- Russell 2000 +0.45%
- DJIA flat
- Toronto TSX Comp +1.0%
Goldman Sachs downgrade Tesla to neutral today and that kicked off some profit taking in shares of TSLA, which fell 6%. Other high-flying mega tech names also struggled including NVDA -3.5%, META -3.3% and GOOG -3.0%.
US stocks had opened flat and rallied after the open but ran out of momentum midday. The Nasdaq made new lows into the close.
Nasdaq Comp intraday