Nasdaq Falls 4% As Tesla, AMD Take A Big Slide
U.S. indices fell sharply Tuesday as stocks continue to drop amid concerns over the potential economic impacts of Fed rate hikes and the Russia-Ukraine conflict. Traders and investors are also weighing recent earnings reports.
- The Nasdaq composite finished lower by 3.95% to 12,490; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) lost 3.77% to $317.14
- The S&P 500 traded lower by 2.81% to 4,175; The SPDR S&P 500 ETF Trust (NASDAQ: SPY) lost 2.89% to $416.12
- The Dow Jones composite finished lower by 2.40% to 11,866; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) finished lower by 2.38% at $332.45
Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
O'Reilly Automotive Inc (NASDAQ: ORLY) led the QQQ on Tuesday.
Tesla Inc (NASDAQ: TSLA), Advanced Micro Devices, Inc. (NASDAQ: AMD) and ASML Holding NV (NASDAQ: ASML) were among the top losers for the Nasdaq-100.
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