[BRIEFING.COM] The major equity indices are stuck in narrow trading ranges near session lows. The S&P 500 is on pace for a 1.5% decline this week, the Nasdaq Composite sits on a 2.5% decline since last Friday, and the Dow Jones Industrial Average is 0.9% lower than its close last week.
Mega cap stocks have impacted index losses since last Friday. The Vanguard Mega Cap Growth ETF (MGK) is 2.5% lower this week.
Elsewhere, the Invesco S&P 500 Equal Weight ETF (RSP) sits on a 1.0% decline on the week.