The stock market experienced a turbulent day, with the S&P 500 and Nasdaq indices hitting six-month lows amidst growing fears of a potential recession. The Nasdaq 100 saw the steepest declines, led by tech companies such as Tesla and Palantir ( PLTR ). This downturn was fueled by concerns over the U.S. economy, with President Donald Trump referring to the current economic situation as a “period of transition.”

For the day, Nasdaq fell over 700 points or 4% to 17,468.32, while the S&P 500 slipped nearly 2.7% to 5,614.56, and the Dow Jones Industrial Average dropped about 2.1% to 41,911.71 for the day.

These are the top stocks that gained the attention of retail traders and investors through the day:

Nvidia Corporation ( NVDA ) 

NVIDIA ( NVDA ) shares fell by 5.07% to close at $106.98, with an intraday high and low of $111.85 and $105.46, respectively. The 52-week high and low stand at $153.13 and $75.61. As part of the Magnificent Seven, NVIDIA’s performance reflects the overall downturn in tech stocks.

Meta Platforms Inc. ( META ) 

Meta Platforms’ shares dropped by 4.42% to close at $597.99. The stock hit an intraday high of $610.11 and a low of $586.87. The 52-week high and low are $740.89 and $414.5 respectively. Despite the underperformance of the Magnificent 7, Meta Platforms ( META ) has been an investor favorite due to being less leveraged.

Oracle Corporation ( ORCL ) 

Oracle shares declined by 4.11% to close at $148.79. The intraday high and low were $152.52 and $146.8, with a 52-week high and low of $198.31 and $111.18. Despite the stock’s recent stumble, Oracle has seen a 29.73% increase over the past year. The company reported third-quarter earnings on Monday with revenue at $14.13 billion, missing the consensus estimate of $14.39 billion.

Palantir Technologies Inc. ( PLTR ) 

Palantir’s shares plummeted by 10.05% to close at $76.38. The stock hit an intraday high of $82.69 and a low of $74.57. The 52-week high and low are $82.69 and $15.67, respectively. Palantir ( PLTR ) shares were sharply lower in Monday’s meltdown. The company recently partnered with Voyager Technologies to create AI-driven solutions for Space Domain Awareness.

Tesla Inc. ( TSLA ) 

Tesla shares fell by 15.43% to close at $222.15. The intraday high and low were $253.37 and $220, with a 52-week high and low of $488.54 and $138.8. Amidst rising competition and declining demand, Tesla’s stock has been under pressure.

Image via Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal