Nasdaq Plunges 1,100 Points as Rate Hike Fears Trigger Tech Selloff
Nasdaq's 1,100-point drop reflects rate hike fears spurred by strong U.S. jobs data, impacting tech stocks and investor sentiment.
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The Nasdaq Stock Market is an American stock exchange. It is the second-largest stock exchange by market capitalization and the first fully electronic stock market. Based in Manhattan, New York City, the exchange is among the most active stock trading venues by volume in the United States.
Nasdaq's 1,100-point drop reflects rate hike fears spurred by strong U.S. jobs data, impacting tech stocks and investor sentiment.
VTechX HubIt is the second-largest stock exchange by market capitalization and the first fully electronic stock market.
SourceBased in Manhattan, New York City, the exchange is among the most active stock trading venues by volume in the United States.
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