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Nasdaq Drops More Than 5% Intraday as Wall Street Tech Selling Returns

Nasdaq Drops More Than 5% Intraday as Wall Street Tech Selling Returns

Photo: TokenPost

The Nasdaq Composite fell more than 5% in an intraday reading Thursday, Nov. 5, as technology shares led a renewed decline across major U.S. stock indexes. At 10:56 a.m. ET (15:56 UTC), the S&P 500 was down 3.4% and the Nasdaq was more than 5% lower. The declines followed strong gains by the major U.S. averages in the prior session. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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