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Nasdaq 100 down 3.4% on the day, S&P 500 down 1.7%

The Nasdaq 100 is down 3.4% on the day and the S&P 500 is down 1.7%.

· · Source: @FirstSquawk on X · First reported on X

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Nvidia (NVDA)Reddit (RDDT)Nasdaq 100S&P 500Market selloff

What happened

The Nasdaq 100 is down 3.4% on the day and the S&P 500 is down 1.7%.

Nvidia is off nearly 5% and Reddit fell as much as 29%, in the same week Nvidia lost close to $1 trillion from its $6 trillion peak.

Wall Street is punishing every tech miss.

Cite as: AgentMaverick News (@agentmavericksi), "Nasdaq 100 down 3.4% on the day, S&P 500 down 1.7%", first reported on X . https://x.com/agentmavericksi/status/2116211490084536819 · JSON

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Developing story

3 updates within 72 hours
  1. Nasdaq 100 down 3.4% on the day, S&P 500 down 1.7% (this story)
  2. OpenAI now seeks about $20B at a $1.25T valuation, down from $30B, FT reports
  3. SpaceX's Colossus 2 gets a 200K-GB300 inference site in an old Hormel building, Musk says

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