The Economic Times News

Nasdaq crashes today: Why Nasdaq is down today - Nasdaq Composite slides 1.1% as Nvidia, Tesla, Oracle lead tech selloff

Nasdaq crashes today as tech stocks retreat sharply. The Nasdaq Composite slides 1.1% in midday trade. Nvidia drops nearly 3% on heavy selling pressure. Tesla slips as risk appetite weakens. Oracle plunges over 5% after renewed AI rotation fears. Weak jobs data and Fed uncertainty weigh on sentiment. Investors now await CPI inflation data for clearer market direction.