All the S&P 500 sectors trade in negative territory now.
Mega cap stocks weigh on index performance. The Vanguard Mega Cap Growth ETF (MGK) is down 1.5% versus a 0.9% loss in the S&P 500. Tesla (TSLA 176.90, -5.52, -3.0%) and Alphabet (GOOG 98.28, -1.63, -1.6%) are among the biggest losers for the group.
Decliners lead advancers by a 3-to-2 margin at the NYSE and a nearly 2-to-1 margin at the Nasdaq.