An early rally faded fast for the second day in a row, which caused all four indices to sell off. A plunge in market leadership was responsible for the fade, most notably in Nvidia (NVDA). Tesla (TSLA) lost a lot of momentum due to a downgrade to neutral from buy, as did Apple (AAPL) when it got downgraded to sell from neutral. Caroline Woods closes the market day by running through the biggest stories.

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