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Stock market rocked as investors dump tech shares; Nasdaq suffers worst day since June

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Stock market rocked as investors dump tech shares; Nasdaq suffers worst day since June

The tech-heavy Nasdaq lost 2.86% on Friday for its worst single-day performance since June. The index was also roughly 8% below its recent high. The blue-chip Dow was down 572 points, or 1.1%, while the S&P 500 slid 1.8%.

Directly affected

  • No company is named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-1.9% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF-3.6% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • AVGO Broadcom-3.4% 30d

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • ASML ASML Holding N.V-6.4% 19d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • NVDA Nvidia-3.8% 30d

    Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • AMD Advanced Micro Devices+1.2% 30d

    Advanced Micro Devices (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SMHNo price data for this ticker———————
SOXXNo price data for this ticker———————
AVGONo price data for this ticker———————
ASMLNo price data for this ticker———————
NVDANo price data for this ticker———————
AMDNo price data for this ticker———————

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.

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Stock market rocked as investors dump tech shares; Nasdaq suffers worst day since June CNBC

Source: CNBC

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This story

12 out of 100

“Stock market rocked as investors dump tech shares; Nasdaq suffers worst day since June” scores 12 out of 100. The score uses 1 sources.