Mega-cap growth stocks fell. Apple down 6%; Tesla down 5%; Amazon, Nvidia, Broadcom down 4%.
Semiconductor stocks tumbled. Micron down 6%; Marvell, SMCI down 5%; Nvidia, Broadcom, AMD and Arm down 4%.
Crypto stocks also slumped. IREN down 12%; MARA down 6%; RIOT and Coin down 5%; Strategy down 4%.
Retail stocks dropped. Wal-Mart down 6%; Target and Kohl’s down 5%.