Understanding the Recent Decline of the NASDAQ Index

Wednesday, 13 March 2024, 15:50

The NASDAQ index has experienced a decline of 0.70%, resulting in a loss of 114.63 points at 16150, with the day's low hitting 16143.34. Throughout the day, the index has remained in negative territory, struggling to reach session highs. Key companies such as Nvidia, Dell, Meta Platforms, Apple, Intel, AMD, Tesla, and Broadcom have all recorded significant losses.
LivaRava Finance Meta Image
Understanding the Recent Decline of the NASDAQ Index

Analysis

The NASDAQ index has fallen by 0.70%, amounting to a loss of 114.63 points at 16150. During the day, the index hit a low of 16143.34 and continued to show negativity in its performance. At its peak, the index could not surpass 33.42 points away from the unchanged mark. Additionally, the S&P indexes are down by 9.45 points or 0.18% at 5165.76.

Losers Today:

  • Nvidia is down by 3.40% at $888.
  • Dell has decreased by 3.03%.
  • Meta Platforms is down by 1.22%.
  • Apple has suffered a loss of 1.33%.
  • Intel is down by 3.32%.
  • AMD has shown a decline of 4.50%.
  • Tesla has experienced a drop of 3.16%.
  • Broadcom is down by 2.67%.

This detailed analysis provides insights into the recent trends and performance of the NASDAQ index along with the impact on key companies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe