Data center, semiconductors and AI-related shares were crushed as the major averages turned in their worst day since April 2025...
Data center, semiconductors and AI-related shares were crushed as the major averages turned in their worst day since April 2025...
Buying in big cap technology stocks at the start of the fourth quarter (Q4) pushed the S&P 500, NASDAQ and NASDAQ 100 (NDX) to new all-time highs. However, disappointing earnings reports and growing concerns about the sustainability of AI-related cash flows triggered a late-month technology selloff
The major averages tried to find firmer footing under October's slide this week but a steep selloff in technology stocks left the S&P 500 and NASDAQ at their lows for the month.
Get a professional technical analysis report delivered for any stock we cover
| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 24315 | -1421.51 | -5.52% | 4.62% |
| DJ UTILITIES | 1105.57 | -8.12 | -0.73% | 3.51% |
| DJ TRANSPORT | 20088.97 | -742.01 | -3.56% | 15.74% |
| DJ INDUSTRIALS | 51523.06 | -1833.06 | -3.44% | 7.2% |
| NYSE COMPOSITE | 23955.98 | -730.15 | -2.96% | 8.87% |
| S & P 100 INDEX | 3619.5 | -175.57 | -4.63% | 5.45% |
| RUSSELL 2000 | 2729.89 | -127.06 | -4.45% | 9.99% |
| S&P 500 | 7353.73 | -334.89 | -4.36% | 7.42% |
| CBOE MKT VOLATILITY | 28.18 | 11.57 | 69.66% | 88.49% |
| AMEX COMPOSITE | 8040.63 | -146.72 | -1.79% | 17.09% |
No commitment · Cancel anytime
MarketEdge is a unique suite of investment tools developed by Computrade Systems, Inc. The purpose of our service is to provide quality, independent research in a manner that is both easily understandable and immediately actionable for individual investors as well as professional money managers. MarketEdge features Second Opinion®, a comprehensive computer-generated technical evaluation of more than 5000 stocks, along with fundamental research from Standard & Poor's. MarketEdge will generate daily investment ideas for every type of trading strategy thereby enabling one to trade and invest with a consistent, disciplined approach in all market environments.