India, Oct. 12 -- The Nasdaq Composite is trading lower today, sitting at 27,287.64 (a decline of 0.29%) in mixed Monday trading. While the broader market is experiencing a cautious start to a big week of corporate earnings, tech stocks are facing downward pressure. Here's what investors should know.

Market Snapshot

Open: 27,352.51

Day Range: 27,240.48 - 27,376.66

Previous Close: 27,366.17

NASDAQ Today LIVE: Key Drivers

Tech Dragged by Semiconductors: The tech-heavy index is being heavily weighed down by a 4% drop in Micron Technology (MU) shares. The decline follows investor concerns regarding rising competition from China's CXMT alongside a reported 33.8% valuation gap highlighted after its recent 10-K filing.

Geopolitical & Oil ...