Stock Market Suffers Sharp Losses as Growth Stocks Decline

The stock market suffered sharp losses Thursday, with the S&P 500, Nasdaq, and Russell 2000 undercutting key levels. Growth stocks such as Tesla, Palantir Technologies, Broadcom, Robinhood Markets, and Nvidia were among the hardest hit. Dow Jones futures rose slightly after hours, alongside S&P 500 and Nasdaq futures. Late reports from Applied Materials and Nu Holdings were released.