StocksMediumUpdated•Originally published 14 October 2026•Updated 15 October 2026•
1 min read
Nasdaq Tumbles 2% as Major Tech Stocks Face Heavy Selloff
Key Facts
1The Nasdaq index fell by 2% driven by a heavy selloff in 10 leading stocks.
The Nasdaq index fell by 2% during Wednesday's session, driven by a heavy selloff in 10 leading stocks. Seeking Alpha reported that the decline impacted both the composite and the Nasdaq-100 index as growth stocks faced renewed downward pressure.
The selloff appears to be an intensification of the recent decline in AI-related stocks, affecting major heavyweights within the tech-heavy index. Regarding related instruments, NDAQ closed at $93.48 on October 13, 2026, prior to the current market volatility.
Latest Updates · 1
- Notable·
Update: Nasdaq 100 futures dropped 1.26% ahead of the October 15, 2026, session. The premarket decline extended to shares of Nvidia, Micron, and CoreWeave, indicating sustained pressure on the technology and AI sectors.