Nasdaq sinks in volatile trading as tech sell-off reignites
The Nasdaq composite index fell sharply on June 9, 2026, as a renewed sell-off in technology stocks drove broad market declines. The index swung between gains and losses throughout the session before closing lower. The drop extended a recent pattern of volatility in tech-heavy indices.
The Nasdaq composite index fell sharply on June 9, 2026, as a renewed sell-off in technology stocks drove broad market declines, extending a recent pattern of volatility in tech-heavy indices.
Trading was volatile throughout the session, with the index swinging between gains and losses before closing lower. The decline followed a period of turbulence in the technology sector, which has been under pressure from shifting investor sentiment and macroeconomic uncertainty.
The drop on June 9 added to losses from earlier in the week. On June 5, a semiconductor sell-off had threatened to derail a Wall Street rally, and U.S. stocks plunged after strong jobs data fueled rate hike fears, deepening a tech selloff. On June 4, Broadcom shares lost $300 billion after the company's revenue forecast disappointed investors.