The Nasdaq tumbled due to Heavy losses hit mega cap tech stocks now making bearish flag

NASDAQ was down on Tuesday morning after testing the high level of 18377 in the last trading session as the Nasdaq tumbled 2.55%. Heavy losses hit megacap tech stocks, including Nvidia (-4.5%), Tesla (-5.8%), and Amazon (-3.1%). The decline followed criticism of Fed Chair Jerome Powell by President Donald Trump, who called him “Mr. Too Late, a major loser,” and demanded immediate rate cuts. 

Recent News

Can AUDUSD start a Multi-Month Bull run?

February 17, 2025

Market Insights

US Tech 100 Breakout Watch – Bullish Fla...

August 05, 2025

Market Insights

Gold price posts modest gain amid trade...

February 26, 2025

Market Insights

Dow Jones (DJ30) Holds Above 46,400 Eyes...

September 29, 2025

Market Insights

Gold remains rangebound as investors awa...

July 30, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window