Major technology stocks experienced a downturn, contributing to a significant drop in the Nasdaq 100 index. Apple (AAPL, Financial) saw a decline of over 2.6%, while Google’s parent companies, Alphabet (GOOG, GOOGL), fell by more than 1.3%. Netflix (NFLX) experienced a sharp drop of over 4%, and Amazon (AMZN) shares decreased by over 2%. Tesla (TSLA) also saw a decline of more than 1.8%, with Meta (META) falling by 1.5%.
The Nasdaq 100 index reached its lowest point since late November, decreasing by 2.2%. This collective decline in major tech stocks has contributed to the overall bearish sentiment in the market.
