What is causing the Nasdaq to drop?
The Nasdaq sold off on Wednesday. The reason: Investors recoiled after a sudden pop in bond yields and higher-than-expected inflation figures. The Nasdaq Composite fell 1.7\%, but the other indexes felt the pain, too. The consumer-price index rose 0.9\% month over month for October, higher than the expected 0.6\% rise.
How has the Nasdaq performed in 2021?
The Nasdaq Composite index fell by approximately 2,400 points in the four weeks from February 12 to March 11, 2020, but has since recovered to 15,235.71 points as of December 15, 2021.
Why did the stock market decline today?
Stocks, oil prices, and bond yields plunged Friday as fears surrounding a new, heavily-mutated variant of Covid-19 slammed investor sentiment and ratcheted up volatility. The Dow Jones Industrial Average had its worst day of the year, falling 905 points, or 2.5\% in holiday-shortened trading.
Why have markets dropped?
Britain’s stock market has seen its biggest plunge in over a year, as investors ditch shares in companies most exposed to the pandemic after the discovery of the new coronavirus variant. The FTSE 100 index has closed down 266 points, or 3.64\%, which is its biggest one-day fall since June 2020.
How much has stock market increased in 2021?
The S&P 500 has climbed 26\% so far in 2021, after rising 16\% in 2020.
How much has Nasdaq dropped this year?
Performance
| 5 Day | -3.48\% |
|---|---|
| 1 Month | -4.30\% |
| 3 Month | 0.50\% |
| YTD | 18.23\% |
| 1 Year | 20.38\% |
How did the market perform in January 2021?
The S&P 500 ended the month with the largest weekly loss since late October. All three major equity indices fell in excess of 3.2\% during the last week in January. The tech-heavy Nasdaq Composite performed best, rallying 1.44\% last month, capping a three-month gain of 18.3\%.
What is the highest Nasdaq ever?
Records
| Category | All-Time Highs | All-Time Lows |
|---|---|---|
| Closing | 16,057.44 | 54.87 |
| Intraday | 16,212.23 | 54.87 |