U.S. Stocks Extend Losses; Nasdaq down 3%, S&P 500 Falls 2.7%; SMCI Falls 8%; Tesla down 7%; Nvidia Drops 6%; Oracle down 5%
U.S. stocks extended their slide on Monday. Nasdaq down 2.5%, S&P 500 fell 1.9%.Big Tech stocks fell in Monday trading. Tesla down 7%; Nvidia fell 5%; Meta, Broadcom, Amazon down 4%; AMD, Apple, TSMC, Alphabet down 3%; Microsoft fell 2%.