Rate-sensitive megacap growth and technology stocks that have led the Wall Street rally, such as Nvidia NVDA.O, Apple AAPL.O and Tesla TSLA.O, were down between 1.7% and 5.0%. And the reason for that is tomorrow is going to be the CPI report for July being released”, said Jason Krupa, vice president of asset management at Lenox Advisors. On Tuesday, Wall Street's main indexes ended lower in a broad selloff after credit rating agency Moody's downgraded several small and mid-sized banks.