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MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON TECH DRAG

Nvidia tumbles 10%, Amazon loses more than 2% while Apple ends 1% lower

These 2 Stocks Show the Market Rout Goes Far Beyond Tech

Dan Caplinger, The Motley Fool
·3 min read
These 2 Stocks Show the Market Rout Goes Far Beyond Tech

The S&P 500 (SNPINDEX: ^GSPC) dropped 50 points to 4,527, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down the hardest, falling 340 points to 15,042. It's easy to conclude from the Nasdaq's big decline that tech stocks were the biggest problem on Wall Street. Below, we'll take a closer look at why Smith & Wesson Brands (NASDAQ: SWBI) and Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) found themselves near the top of the decliners' list.

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