Nasdaq 100 posts its worst drop since 2022 as selloff deepens

The Nasdaq 100 Index posted its biggest intraday drop in nearly two years as investors braced for days of volatility amid rising concerns over a slowing U.S. economy and overheated gains in the technology sector.

Aug 5, 2024 - 22:00
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Nasdaq 100 posts its worst drop since 2022 as selloff deepens
The Nasdaq 100 Index posted its biggest intraday drop in nearly two years as investors braced for days of volatility amid rising concerns over a slowing U.S. economy and overheated gains in the technology sector.