[BRIEFING.COM] The S&P 500, down 0.7% from Friday, sits on a 6.9% decline in March. The equal-weighted S&P 500 is 4.6% lower this month.
Mega caps have played an integral role in bringing the market lower this month. The Vanguard Mega Cap Growth ETF (MGK) sports a 10.4% decline since February.
Apple (AAPL 219.10, +1.20, +0.6%) is 9.4% lower in March, Microsoft (MSFT 369.95, -8.85, -2.3%) is 6.8% below its February close, and NVIDIA (NVDA 105.31, -4.36, -4.0%) shows a 15.7% decline in March.