Global Chip Selloff, SpaceX Slump Hit Nasdaq

Date:

A person looks at television screens displaying economic news at the NASDAQ MarketSite in Times Square, New York City, on April 9, 2025. Angela Weiss/ AFPA U.S. and global memory-chip stock sell-off, and SpaceX dropping below its debut price, triggered a global market rout on June 23, sending leading benchmark averages sharply lower.The tech-driven Nasdaq Composite Index declined 400 points, or more than 1 percent, paring its year-to-date gains to below 13 percent. It declined as much as 900 points at the opening bell.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Beijing Sanctions 2 US Labs That Can Prove Where Cotton Grew

This photo taken on Sept. 20, 2015 shows Chinese...

What Happens to Your Pension When the Company Is Bought

When a company is bought, your pension may be...

Firmware Flaw in Canadian Bitcoin Wallet Company Tied to $88 Million-Plus Theft

An attacker drained more than 1,367 bitcoin, worth approximately...

Older Homeowners Paying Seniority Tax When Refinancing Mortgages: Bankrate

Older U.S. homeowners are increasingly paying a hidden premium...