Tech sell-off deepens; Nasdaq drops 3.5%
By Market Pulse ·
- Indices: S&P 500 down 2%, Nasdaq 100 fell 3.5%, Dow eased 1.1% Yahoo Finance - Semiconductors: VanEck and iShares ETFs dropped 6.5%-8% on weakness in NVDA, AMD, MU, AVGO Yahoo Finance - Intel: Stock fell 28.6% after earnings triggered sell-off in chipmakers MT Newswires - Amazon: Dropped 2.3% on weaker profit and $42.4B cash burn over 12 months BNN Bloomberg - Regeneron: Rose 13.3% to lead S&P 500 gains Trefis - Energy: ExxonMobil and Chevron rose after stronger-than-expected profits BNN Bloomberg
Not financial advice. Summarised automatically from the linked news.