Stocks Head Lower as Tech and Metal Rallies Reverse Course

Core Viewpoint - A reversal in recent rallies of technology stocks and precious metals contributed significantly to the stock market decline on Monday [1] Market Performance - The S&P 500 index decreased by 0.3% despite approximately half of its constituent stocks trading higher [1] - The Nasdaq Composite fell by 0.5% [1] - The Dow Jones Industrial Average dropped by 210 points, equivalent to a 0.4% decline [1] Major Losers - Significant declines were observed in stocks such as Newmont, Sandisk, Albermarle, AppLovin, Freeport-McMoRan, Norwegian Cruise Line Holdings, and Tesla [1]