Disappointment around Tesla and Google spread to all of the Magnificent Seven, which were anything but, today.
Their woes meant the rest of the major indices dragged too.
The S&P and Nasdaq had their worst day since 2022. The Dow closed down 1.3%.
Between the lines: Mag 7 earnings are of special interest to Wall Street as this small cohort is responsible for the bulk of this year's gains, CNBC notes.
But some analysts see the increased volatility as being driven by profit-taking and a "Great Rotation" into smaller stocks amid heightened expectations for rate cuts.
By the numbers: All seven of the Mag 7 stocks — including Apple, Microsoft, Amazon, Nvidia and Meta — finished in the red today, including Tesla's 12% and Alphabet's 5% drops.
