There is some real divergence in the fortunes of stocks within the Nasdaq at the moment. The Nasdaq Composite is down 1.2% but there is some major variance within that.
The biggest drag is undoubtedly Nvidida, which continues to sink following the reversal lower on Thursday. It's down 7.4% to $115.59 and is the worst performer on the S&P 500. The February tariff-panic low of $113.00 is a key support level to watch from here.
Other chip names are also struggling today as the market questions AI.
Earlier today, one of the upside drivers was Tesla after it caught an upgrade from a Morgan Stanley analyst. It rose as much as 3% pre-market but is now down 1.5% to the lows of the day.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about us tech stocks come under fresh pressure nvidia down 7 tesla turns negative was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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