Drawdown
Been a while since we last seen such a drawdown in Nasdaq. It’s their worse day since late 2022.
The tech-heavy Nasdaq ended the day with a 2.7% decline as investors pulled out their money from the tech industry and moved to other sectors.
The tech-heavy Nasdaq ended the day with a 2.7% decline as investors pulled out their money from the tech industry and moved to other sectors.
Specifically, information technology and communication services were the two worst performing sectors when session ended. Dow Jones rose about 0.6%
From YouTube
$Invesco QQQ Trust(QQQ.US$ $Dow Jones Industrial Average(.DJI.US$ $Apple(AAPL.US$ $Tesla(TSLA.US$ $NVIDIA(NVDA.US$ $Alphabet-A(GOOGL.US$ $Amazon(AMZN.US$ $Netflix(NFLX.US$ $Meta Platforms(META.US$ $Johnson & Johnson(JNJ.US$ $Super Micro Computer(SMCI.US$ $Advanced Micro Devices(AMD.US$ $Palantir(PLTR.US$
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sentosa island : Right
103603836 : Nasdaq alrady hitting new high. Ytd drop % is insignificant and correction is due past. Bb are just magnifying the bad news and instilling mkt fears. Dow Jones is hitting new high hence money is be rotating back soon