The NASDAQ index recorded a significant 3% decline in February 2026, marking its sharpest monthly drop since March 2025. This downturn was fueled by a combination of technical sell signals and emerging instability within the private credit markets. Investors are increasingly concerned that systemic risks in credit could spill over into broader equity markets and impact overall liquidity. Adding to the volatility, escalating geopolitical tensions and fears of a potential conflict in Iran have severely dampened market sentiment. Analysts suggest that these factors are driving a "risk-off" environment, prompting a rotation out of high-growth tech stocks. Consequently, major ETFs such as QQQ and SPY are facing increased downward pressure as geopolitical and financial uncertainty persists.
يشير كسر مستويات الدعم الفنية في مؤشر 'ناسداك' إلى تحول هيكلي نحو استراتيجيات التحوط، مما يستوجب على المتداولين مراقبة تدفقات السيولة الخارجة من صناديق QQQ كإشارة لاستمرار الزخم الهبوطي. ويمثل اضطراب سوق الائتمان الخاص 'بجعة سوداء' محتملة، حيث يجب مراقبة فروق أسعار العائد ومعدلات التعثر كإنذار مبكر لأي أزمة سيولة قد تعصف بالقطاع المالي أوسع نطاقاً.
