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Nasdaq 100: 8% Sell-Off Damages Medium-Term Uptrend, Potential Multi-Week Corrective Decline Ahead

Summary by Action Forex
Key takeaways US equities suffered a sharp reversal, with major indices wiping out strong intraday gains and closing deeply in the red, marking the sharpest swing since April’s tariff shock. Nvidia’s failed post-earnings rally was the main catalyst, reversing from a 5% intraday surge to a 3.2% loss and erasing nearly $400 billion in market […] The post Nasdaq 100: 8% Sell-Off Damages Medium-Term Uptrend, Potential Multi-Week Corrective Decline A…
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Wall Street closed with sharp falls after a volatile day that started in positive but turned around after two members of the Federal Reserve expressed doubts about rate cuts. Nasdaq 100 fell by 2.38 %, led by Micron's collapse, while Dow Jones lost 0.84% and S&P 500 backed back by 1.56%. Walmart and Warner Music's results brought some sparkle to a shutdown marked by fear of a more restrictive monetary policy.

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negocios.com broke the news in on Friday, November 21, 2025.
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