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Nasdaq falls 1.4% as technology stocks plunge and AI trade retreats amid Marvell and Lumentum declines.

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Frenzy Index27FEAR
S&P 500 above 200-day63.2%NEUTRAL
VIX21.17NORMAL
Equal weight vs S&P 500+7.1%BROADENING
Retail positioning66.8%NEUTRAL
Fund manager positioning47.2%NEUTRAL
COT commercials+17,301NEUTRAL
Atlanta Fed GDPNow3.7%STRONG
Fed rate odds76% hikeHIKE

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    Why it moved

    All moves
    • Nasdaq 100 futures fell 1.4% in 2 hours
      No clear catalyst in the headlines yet.
    • S&P 500 futures fell 0.9% in 2.1 hours
      Semiconductor stocks collapsed with Intel and AMD leading a roughly 10 percent sector rout.
    • Nasdaq 100 futures fell 1.2% in 35 minutes
      Alphabet slid while Amazon missed earnings guidance despite strong cloud growth, weighing on AI-linked tech stocks in the Nasdaq 100.
    • Nasdaq 100 futures fell 0.9% in 30 minutes
      Mixed earnings reports and inflation data weighed on technology stocks in the Nasdaq 100.
    • Nasdaq 100 futures fell 0.8% in 30 minutes
      Google missed earnings estimates significantly as search revenue growth slowed, weighing on the Nasdaq 100.
    • S&P 500 futures fell 0.6% in 30 minutes
      No clear catalyst in the headlines yet.
    • Nasdaq 100 futures fell 0.9% in 30 minutes
      No clear catalyst in the headlines yet.
    • S&P 500 futures rose 0.9% in 70 minutes
      No clear catalyst in the headlines yet.

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