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Nasdaq 100 Extends Losses to 5% as S&P 500 Falls 2.8%
Summary by TokenPost
4 Articles
4 Articles
Watch Chipmakers Selloff Leads Nasdaq 100 Down 5%
Sarah Hunt, Alpine Saxon Woods chief market strategist, reacts to the chipmaker selloff which pulled down the Nasdaq 100 by 5% in early trading on Thursday. Some investors are worried a Democratic sweep of Congress could mean tighter regulation. She speaks on "Bloomberg Open Interest."
The tech-heavy Nasdaq index falls about 5 percent on Wall Street after new concerns about the valuations of AI companies. “There is uncertainty about what the Democrats' agenda will look like and how it will affect AI,” says Maria Landeborn, savings economist at Danske Bank.
The technological index suffers today, with falls approaching 5% after the first hour of the quotation
Coverage Details
Total News Sources4
Leaning Left0Leaning Right0Center1Last Updated100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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