A wave of selling hit growth stocks Monday, putting the market uptrend back under pressure. The Nasdaq slumped 1.1%, recovering slightly from a 1.5% intraday loss. The S&P 500 gave up 0.8% while the Dow slumped 0.6%. The session had the feel of distribution even though volume came in much lower than Friday. Volume was unusually high Friday due to options expirations.