Nasdaq Drops 1%. Small Stocks Take Lead From Big Tech.

Core Viewpoint - A rotation away from large technology stocks has negatively impacted major stock indexes, leading to declines across the board [1] Group 1: Market Performance - The Nasdaq Composite decreased by 1% [1] - The S&P 500 fell by 0.6% [1] - The Dow Jones Industrial Average dropped 66 points, equivalent to a 0.1% decline [1] Group 2: ETF Performance - The Invesco S&P 500 Equal Weight ETF significantly outperformed the market-cap weighted S&P 500 [1] - Mizuho's Daniel O'Regan noted this performance in a client note titled "Return of the S&P 493," implying the exclusion of seven specific stocks from the analysis [1]