Reply To: Market Wrap – Mega Caps Tesla, Amazon and Apple Take Charge June 6, 2022

#37934
Truman
Participant

After NFP Dow -185.26 at 33065.02, Nasdaq -213.02 at 12103.87, S&P -48.29 at 4128.53

The major indices are trading in the red but have come off their session lows.

The mega caps are underperforming quite a bit so far. The Vanguard Mega Cap Growth ETF (MGK) is down 1.9% compared to the Invesco S&P 500 Equal Weight ETF (RSP) which is down 0.8%.

Besides Tesla (TSLA 720.79, -53.68, -6.7%), the biggest laggards for the mega caps are Apple (AAPL 146.29, -4.99, -3.3%), Meta (FB 193.68, -5.25, 2.6%), and NVIDIA (NVDA 190.00, -6.06, -2.9%).