Nasdaq crashes 500 points today: Why is the Nasdaq sliding more than 2% as tech stocks tumble
The Nasdaq crash today wiped out more than 519 points in early trading. The NASDAQ Composite fell 2.28% to 22,229.11. The S&P 500 dropped 2.2%. The Dow Jones Industrial Average also slid sharply. Investors are reacting to escalating Iran war tensions and an 8% surge in oil prices. Brent crude moved near $80. WTI crude jumped above $76. Rising energy costs are fueling fresh inflation fears. Treasury yields are climbing. Tech stocks like NVIDIA and Intel are falling. Bitcoin is slipping. Traders are cutting risk fast. The US stock market is pricing in geopolitical shock and inflation pressure.
The Nasdaq crash today wiped out more than 519 points in early trading. The NASDAQ Composite fell 2.28% to 22,229.11. The S&P 500 dropped 2.2%. The Dow Jones Industrial Average also slid sharply. Investors are reacting to escalating Iran war tensions and an 8% surge in oil prices. Brent crude moved near $80. WTI crude jumped above $76. Rising energy costs are fueling fresh inflation fears. Treasury yields are climbing. Tech stocks like NVIDIA and Intel are falling. Bitcoin is slipping. Traders are cutting risk fast. The US stock market is pricing in geopolitical shock and inflation pressure.
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