Tech Stocks Are Down Again: Nvidia Falls 4%, Nasdaq-100 Drops 2%

Tech stocks came under pressure again during trading on Friday, November 13. As a result, all major stock indices slipped into negative territory, even though they had shown slight gains at the start of the trading day.

The broad-market S&P 500 index fell 1%, the tech-heavy Nasdaq Composite dropped 1.7%, and the blue-chip Dow Jones index fell 0.2%. The Nasdaq 100 Index, which consists of tech giants, fell by more than 2%.

Nvidia shares fell 4%, although they did attempt to rebound shortly after the markets opened, despite the resignation of CEO Jensen Huang the day before.

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