Nasdaq Falls as Micron, Sandisk Lead Tech Slide
The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
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The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
A 5% drop in semiconductor stocks dragged the Nasdaq 100 down 2.5% and pushed the S&P 500 lower by more than 1%, even as most stocks in the index rose. Chips had led the recent market rebound, making the sector the sharpest single-day drag when sentiment reversed.
The Nasdaq dropped 4% on Wednesday as rising bets on Federal Reserve rate hikes hit AI and technology stocks hard. The S&P 500 and Dow Jones also fell, reflecting broad investor concern that borrowing costs could stay higher for longer.
The S&P 500, Dow, and Nasdaq all fell as a technology sector pullback pressured major indexes. Geopolitical focus on U.S.-Iran negotiations added uncertainty without a clear directional catalyst for markets. Investors are monitoring both tech valuation pressure and potential oil market shifts tied to diplomatic develop
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The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
7d ago · 2 min · Markets
A 5% drop in semiconductor stocks dragged the Nasdaq 100 down 2.5% and pushed the S&P 500 lower by more than 1%, even as most stocks in the index rose. Chips had led the recent market rebound, making the sector the sharpest single-day drag when sentiment reversed.
21d ago · 3 min · Markets
The Nasdaq dropped 4% on Wednesday as rising bets on Federal Reserve rate hikes hit AI and technology stocks hard. The S&P 500 and Dow Jones also fell, reflecting broad investor concern that borrowing costs could stay higher for longer.
22d ago · 3 min · Markets
The S&P 500, Dow, and Nasdaq all fell as a technology sector pullback pressured major indexes. Geopolitical focus on U.S.-Iran negotiations added uncertainty without a clear directional catalyst for markets. Investors are monitoring both tech valuation pressure and potential oil market shifts tied to diplomatic develop
2mo ago · 1 min · Markets
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