Sentiment: Negative
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Nasdaq Suffers Worst Week Since June as AI Sell-Off Hits Chip Stocks
By Trader Edge at 2026-10-29 06:50
Sentiment: Negative
TLDR The Nasdaq fell 2.14% Friday to 26,140.03, its worst week since June. Chip stocks dropped, with the VanEck Semiconductor ETF down 10% on the week. CoreWeave fell nearly 12% Friday and is down 25% this week. Oil rose above $100 as U.S.-Iran and Russia-Ukraine tensions grew. Traders see an 82% chance the Fed holds [...] The post Nasdaq Suffers Worst Week Since June as AI Sell-Off Hits Chip Stocks appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central