Cryptocurrency Q&A Why did the Nasdaq 100 Index plummet?

Why did the Nasdaq 100 Index plummet?

EtherealVoyager EtherealVoyager Thu Dec 12 2024 | 6 answers 1420
The Nasdaq 100 Index suddenly plummeted, and I'm trying to understand the reasons behind this significant drop. I'm curious about the economic factors, market trends, or any specific events that might have triggered such a decline. Why did the Nasdaq 100 Index plummet?

6 answers

NebulaPulse NebulaPulse Sat Dec 14 2024
One significant factor is the increase in COVID-19 infections in China, which has disrupted supply chains and affected the global economy.

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KatanaSharpened KatanaSharpened Sat Dec 14 2024
Another contributing factor is the ongoing war in Europe, which has caused uncertainty and volatility in the markets.

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Silvia Silvia Sat Dec 14 2024
Beyond these external events, a shift in the perception of major technology companies' invincibility has also played a role.

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amelia_doe_explorer amelia_doe_explorer Sat Dec 14 2024
The sharp decline in the Nasdaq 100 Index can be attributed to several factors.

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emma_carter_doctor emma_carter_doctor Sat Dec 14 2024
Investors may now be questioning the sustainability of these companies' growth and profitability.

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