Nasdaq Drops 1.8% as Global Technology Sector Sell-off Intensifies

Key Facts

1The Nasdaq index fell by 1.8% amid a broad sell-off in global equities.

2The Dow Jones index declined by 0.73% as technology stocks retreated.

The Nasdaq index fell by 1.8% amid a broad sell-off in global equities. Investing.com reported that the Dow Jones index declined by 0.73% as technology stocks retreated, leading the overall market downturn.

NDAQ closed at $96.12 on October 21, 2026, after reaching a day high of $96.56 and a low of $94.03. This negative price action reflects intense selling pressure targeting high-growth assets within the tech sector.

Market participants are looking ahead to the Fed Interest Rate Decision on October 28, 2026, which may provide further clarity on monetary policy and its impact on technology valuations.