Nasdaq plunges into correction territory as Wall Street dumps tech stocks
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
By Andrew Moran Contributing Writer A selloff in tech stocks pushed the Nasdaq Composite Index into correction territory. The tech-fueled index dropped roughly 1,200 points, or nearly 5%, to about 25,500 […]
Directly affected
- No company is named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-0.5% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- IWM iShares Russell 2000 ETF-2.8% 30d
iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- RSP Invesco S&P 500 Equal Weight ETF
Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- VTI Vanguard Total Stock Market ETF
Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIA | +0.47% | +0.48% | base | after close | after close | after close | after close |
| QQQ | +6.56% | +5.75% | base | after close | after close | after close | after close |
| IWM | +3.08% | +3.25% | base | after close | after close | after close | after close |
| RSP | +0.68% | +1.10% | base | after close | after close | after close | after close |
| VTI | +3.09% | +2.95% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Nasdaq plunges into correction territory as Wall Street dumps tech stocks Santa Clarita Valley Signal
Source: Santa Clarita Valley Signal
This story
| Company | When | Move | Status |
|---|---|---|---|
| DIA | three days earlier | +0.48% | final price |
| DIA | five days earlier | +0.47% | final price |
| IWM | three days earlier | +3.25% | final price |
| IWM | five days earlier | +3.08% | final price |
| QQQ | three days earlier | +5.75% | final price |
| QQQ | five days earlier | +6.56% | final price |
| RSP | three days earlier | +1.10% | final price |
| RSP | five days earlier | +0.68% | final price |
| VTI | three days earlier | +2.95% | final price |
| VTI | five days earlier | +3.09% | final price |
This story
12 out of 100
“Nasdaq plunges into correction territory as Wall Street dumps tech stocks” scores 12 out of 100. The score uses 1 sources.