Key facts
- The Nasdaq-100 index fell by more than 3%.
- A broad selloff occurred across the technology sector.
- Arm, AMD, and Micron were prominent decliners.
The Nasdaq-100 index experienced a significant downturn, falling by more than 3%. This decline was characterized by a broad selloff within the technology sector. Key technology companies, including Arm, AMD, and Micron, were at the forefront of this market movement, leading the widespread decline.