The Nasdaq 100 ETF $QQQ is just 2% away from correction territory, down 🔴 3% today as semiconductor stocks see heavy selling.
Some of today's biggest declines:
Intel $INTC 🔴 -28.5%
Arm $ARM 🔴 -10.5%
Dell Technologies $DELL 🔴 -9.2%
Sandisk $SNDK 🔴 -10.1%
Qualcomm $QCOM 🔴 -9.4%
Astera Labs $ALAB 🔴 -9.6%
AMD $AMD 🔴 -9.7%
The ETF is also just 2% away from its daily 200MA.