These 2 Stocks Show the Market Rout Goes Far Beyond Tech

·3-min read
These 2 Stocks Show the Market Rout Goes Far Beyond Tech

The S&P 500 (SNPINDEX: ^GSPC) dropped 50 points to 4,527, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down the hardest, falling 340 points to 15,042. It's easy to conclude from the Nasdaq's big decline that tech stocks were the biggest problem on Wall Street. Below, we'll take a closer look at why Smith & Wesson Brands (NASDAQ: SWBI) and Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) found themselves near the top of the decliners' list.

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