The NASDAQ index is now down over -1.25%. The declines are being led by some of the high beta stocks that have benefited of late including the chip stocks.
Broadcom is trading down near 4%. Nvidia is down -3.93%.AMD is down -4.45%Looking at some of the other losers today:
Technically, the NASDAQ index still remains well above its 100-hour moving average at 19789.56. The low price today reached 20105.42. Moving back below that moving average would be needed to increase the bearish bias. The 200-hour moving average is at 19503.56. Back on June 23, the price got within sniffing distance of the 200 hour moving average but found willing buyers.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about nasdaq index down 1 25 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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