The $Nasdaq Composite Index (.IXIC.US)$ is now down nearly 4...
In other words, the index has erased $600 billion of market cap in 3 days.
This also means that the Nasdaq has erased all of its gains back to December 13th.
Furthermore, the Magnificent 7 are down ~5% from their highs last week.
Just as it appeared markets were less reliant on the Magnificent 7, they are back to driving the entire market.
More volatility is coming.
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