Mmastodon BusinessMarkets first seen 1 d ago, last 2 h ago, peak #2
Nasdaq-100 on track to shed over $2 trillion in October
Original: This picture really drives it home. Nasdaq-100 set to wipe out over $2 trillion in October # economy # nasdaq # markets
A widely shared chart illustrates the scale of losses facing the Nasdaq-100, which is set to erase more than $2 trillion in market value over the course of October. Commentators say the figure underscores how sharply technology stocks have fallen this month, with concern mounting about the broader economy and what the selloff means for investors.
Why now: A single striking chart quantifying a massive monthly market loss is circulating amid ongoing anxiety about tech stocks and the economy.
Rank over time, top of the chart is #1. 30 snapshots from 1 d ago to 2 h ago.
Evidence
- This picture really drives it home. Nasdaq-100 set to wipe out over $2 trillion in October # economy # nasdaq # markets # tech · scottwilson@infosec.exchange · 6
API: https://socialmediatrends-api.osmike.com/v1/trends/4391970