What to make of the sell-off in the NASDAQ

The tech-heavy NASDAQ 100 was down again today at the time of writing, bringing its slump since a record intraday high on 29th April to around 6%. Five of the largest “big tech” firms (Amazon, Apple, Microsoft, Google and Facebook), which have a collective weight in the index of more than 40%, have all fallen back to a greater or lesser extent since then.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.