SA: S&P, Nasdaq plunge as bottom falls out of tech

SEEKING ALPHA reports:
– In a case of “sell your darlings,” the best-loved momentum, tech and megacaps pulled the broader market down to its biggest losses since June.
– The S&P closed down 3.5%, the Dow fell 2.8% and the Nasdaq lost 5%.
– Late buying kept the Nasdaq from having its worst day since the historic selloff of March 16, but it did have its worst one-day performance since June.
– The Fab 5 megacaps lost more …

The post SA: S&P, Nasdaq plunge as bottom falls out of tech appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "SA: S&P, Nasdaq plunge as bottom falls out of tech"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*