Stock Market Update
10-Mar-25 11:35 ET
TSLA, NVDA, MSFT, AAPL, other mega caps weigh down market
Dow -395.30
at 42406.11,
Nasdaq -606.73
at 17589.50,
S&P -115.68
at 5654.52
[BRIEFING.COM] The market-cap weighted S&P 500 shows a 1.9% decline, but the Invesco S&P 500 Equal Weight ETF (RSP) shows a 0.2% decline, reflecting the impact of mega cap declines.
Tesla (TSLA 240.46, -22.24, -8.5%), NVIDIA (NVDA 108.48, -4.24, -3.8%), Microsoft (MSFT 380.60, -12.73, -3.3%), which hit a 52-week low, and Apple (AAPL 226.89, -12.16, -5.1%) are influential losers in today's tape.
Also, the CBOE Volatility Index is spiking, up 2.98, or 12.8% to 26.36 as participants hedge against further downside moves in the equity market.
