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Nvidia, Tesla slammed as 'Magnificent 7' names lead market lower in Monday washout

The "Magnificent Seven" stocks were at the center of another sell-off that crushed the US stock market on Monday. Shares of Nvidia (NVDA), Tesla (TSLA), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Apple (AAPL), and Microsoft (MSFT) all fell, with Tesla falling a whopping 15% to lead losses. Five of the seven megacap names saw drops of over 4%; only Microsoft (down 3.3%) and Amazon (down 2.3%) saw narrower losses. The selling pressure hitting the Magnificent Seven came after US markets s...

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