The Nasdaq 100 plummeted about 5%, its deepest dive since April of last year, while a gauge of chipmakers fell twice as much Friday as Wall Street ended the weak on a decidedly sour note. What might be eating at investors (despite the frenzy over SpaceX’s IPO) is a return of that unscratchable itch known as fear of over-valuation. Worries that a tech stock bubble may soon deflate combined with surprisingly big jobs numbers, and thus suspicions the Fed — even with a new chair courtesy of Donald Trump — could raise rates, triggered serious profit-taking.
Nasdaq 100 Has Worst Day Since April 2025
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Author:Herculis Gold Coin ($XAUH)
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