US stock market crash: Why Nasdaq falls big today — stock market is down as tech stocks tumble again
US stock market crashes today as the Nasdaq falls big today with tech stocks tumbling again. The Nasdaq drops 1.7%. The S&P 500 slips 1.1%. The Dow falls 382 points. Nvidia drops. Broadcom drops. Alphabet drops. Disney sinks 9% after weak revenue. Treasury yields rise. Investors worry about missing inflation and jobs data after the six-week shutdown. Volatility jumps. Traders rotate into value stocks. Markets price in a 51% chance of a December Fed rate cut. Sentiment stays fragile. Tech selling drives the entire market lower.
US stock market crashes today as the Nasdaq falls big today with tech stocks tumbling again. The Nasdaq drops 1.7%. The S&P 500 slips 1.1%. The Dow falls 382 points. Nvidia drops. Broadcom drops. Alphabet drops. Disney sinks 9% after weak revenue. Treasury yields rise. Investors worry about missing inflation and jobs data after the six-week shutdown. Volatility jumps. Traders rotate into value stocks. Markets price in a 51% chance of a December Fed rate cut. Sentiment stays fragile. Tech selling drives the entire market lower.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
