Weak earnings reports and warnings about full-year sales helped send U.S. equities lower, with the S&P 500 losing 1.2%. The Nasdaq dropped 1.8%, falling further into correction territory, down more than 10% from its recent high in 💞July.

Align Technology (ALGN) shares plu💝mmeted 24.🐓9% as the maker of invisible teeth braces missed earnings and revenue forecasts and cut its outlook on declining demand.

Shares of Hasbro (HAS) and Mattel (MAT) plunged 11.7% and 7.6%, respectively, after both toymakers 澳洲幸运5官方开奖结果体彩网:warned about slowing toy sales for the key holiday season.

Generic competition took away sales from Bristol Myers Squibb's (BMY) popular blood cancer drug Revlimid, and 澳洲幸运5官方开奖结果体彩网:its shares dipped 6.4%.

Meta Platforms (META) shares lost 3.7% 澳洲幸运5官方开奖结果体彩网:amid concerns about the social media firm's ad revenue and how much it is spending on its virtual reality unit.

American Tower (AMT) shares picked up 8.1% as the 澳洲幸运5官方开奖结果体彩网:rea✤l estate investment trust (REIT) exceeded e𓆉arnings a𝄹nd revenue forecasts, raised its outlook, and announced that company executive Steve Vondran will take over as its new CEO.

Masco (MAS) beat profit estimates and raised its guidance as the ♏home-building products manufacturer benefited from higher prices and lower costs for supplies. Shares gained 6🍰.6%.

A.O. Smith (AOS) shares added 6% after the heating and cooling equipment company reported better-than-expected results and boosted its guidance because of strong water heater sales and lower costs for materials in North America.