SPY lost -0.6% on Thursday.
DJIA lost 1.4%. And IWM lost -2%.
But Nasdaq gained +0.5% on the heels of tech heavy institutional darlings.
Earlier in the day SPY had lost -60 handles, but recouped some losses by day's end.
Today's overall weakness is shown by declining issues over advancing issues by a 3:1 margin at the NYSE and a 2:1 margin at the Nasdaq.
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