S&P now down -0.55% too
The tumble in the Nasdaq has continued with the tech heavy index now down 2.32% or 154 points. It is in a free fall. ON track for the largest decline since June 24, 2016.
The price has fallen below its 200 hour MA at 6160.62 in the process. The last test of that MA saw the price bounce. The 38.2% of the move up from the end of March low comes in at 6122.715. That is the next target.
The fall has dragged the S&P into the red as well with the S&P down -13 points or -0.55%