India, June 26 -- The Nasdaq Composite is down 1.33% today to 25,021.97, marking its fifth consecutive day of losses as a sweeping sell-off in mega-cap technology and chip stocks deepens. There are several key catalysts driving the downward momentum on Wall Street today, June 26, 2026. The current downward movement in the Nasdaq Composite reflects a significant shift in investor sentiment regarding the sustainability of the Artificial Intelligence (AI) boom. The market is moving from a phase of speculative growth to one focused on capital costs and immediate returns.

Nasdaq Composite Fell 1.33%

The Nasdaq Composite fell 1.33% to 25,021.97 today, extending its losing streak to five consecutive sessions. The decline wiped out the index's ...