Nasdaq falls 4% and suffers worst day since April 2025 traders flee chip stocks
cnbc.com12 points by rawgabbit 4 hours ago
12 points by rawgabbit 4 hours ago
In seeing very conflicting reports here. No trust that the job numbers aren't cooked? Random panic? Not American so I'm out of the loop.
The story argues that traders fear the good jobs number will translate into the Fed raising interest rates. The overall mood is that traders are getting scared and this story has sparked a sell off.
Things are different this time around.....