Nasdaq Today: Nasdaq Composite Slips 0.10% as Tech Stocks Stay Under Pressure After Earnings | What Investors Should Watch
India, July 24 -- The Nasdaq Composite opened slightly lower on Friday, underperforming other major U.S. indexes as investors continued to evaluate earnings from leading technology companies. The tech-heavy index fell 25.90 points (0.10%) to 25,111.80 in early trading, extending pressure from the previous session as cautious sentiment surrounding AI spending, corporate guidance, and future growth weighed on technology shares.
Why Is the Nasdaq Falling Today?
The Nasdaq remained under pressure as investors reacted to recent quarterly earnings and outlooks from major technology companies. While several firms reported solid financial results, cautious guidance and concerns over elevated valuations prompted profit-taking across the tech sec...
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