The Nasdaq-100 crashed below its 50-day moving average for the first time since March this week, putting it on pace for its worst stretch of losses since December.
What’s more, the tech-heavy index is on track to cap off a two-week pullback of 4%, as of Thursday’s close. If those losses hold, it would mark the worst such stretch since Dec. 23, when the index fell 5% over two weeks, according to Dow Jones Market Data. Among the so-called “Magnificent Seven” stocks credited with being the biggest contributors to this year’s rally, Apple Inc. AAPL , Nvidia Corp. NVDA , Microsoft Corp. MSFT and Tesla Inc. TSLA all closed below their 50-day averages this week.
Volume-at-price measures trading volume for a given security at a range of price points over a given period. Krinsky looked back at the last three years in his analysis. Technology stocks have fallen in recent weeks after their latest quarterly earnings failed to impress the market.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Tech stocks are off to their worst start to a month since DecemberTech stocks are off to their worst start to a month since December with the Nasdaq down 3% already
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »