Nasdaq 100 Tumbles As Oil Prices Spike, Google And Tesla Plunge
Macro·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom.
The Nasdaq tested key lows and the S&P 500 broke support as oil prices soared while Tesla, Google sold off. But there was strength too.
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“The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom.”
Bloomberg — Nasdaq 100 Tumbles as Oil Spike, AI Jitters Hit Tech Stocks“The Nasdaq tested key lows and the S&P 500 broke support as oil prices soared while Tesla, Google sold off.”
IBD — Stock Market: Nasdaq Skids As Oil Prices Jump, Google And Tesla Plunge: Weekly Review