Stock Market Takes Step Back, But Indexes Hold Support; Growth Hit Again, But Celestica Shines

Core Points - A wave of selling impacted top-rated growth stocks, particularly affecting the Nasdaq composite index, which fell by 0.9% in higher volume [1] - The Nasdaq experienced another distribution day, indicating a potential shift in market sentiment [1] - Despite the decline, the index managed to close off its lows, suggesting some level of support [1] Market Reaction - The selling pressure in growth stocks was notable, as it followed a previous session where the Nasdaq had initially shrugged off similar declines [1] - The overall market sentiment appears to be cautious, with investors reacting to earnings reports and broader economic indicators [1]