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Semiconductor stocks drag Nasdaq-100 toward correction territory

Reported · Written up by our desk · Indices

Semiconductor stocks are sliding again, pulling the Nasdaq-100 closer to correction territory, according to MarketWatch.

The move follows a period in which semiconductors helped push major US indexes, including the S&P 500 and Nasdaq Composite, to record highs only weeks earlier, MarketWatch reported.

Latest closeS&P 500 7,765.36 ▼0.5%|Nasdaq Comp. 27,193.34 ▼1.2%

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Sources

MarketWatchNasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating
MarketWatchNasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating

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