The Nasdaq 100’s decline widened to 5.1%, while the S&P 500 fell 2.8%, both set to notch their largest single-day losses in five months.

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According to data from the BIT stock platform, the Nasdaq 100 index’s decline has widened to 5.1%, while the S&P 500 index fell 2.8%. Both the S&P 500 and Nasdaq indexes have dropped to their lowest levels since late July, and both are set to log their largest single-day percentage drops in five months.

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