Nasdaq Drops 2% in Worst Week Since June — SkimNews
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- Nasdaq slid 2% on Friday to post its worst week since June, according to CNBC's live updates
- AI and tech stocks drove the selloff, with rising oil prices adding pressure across sectors
- Wall Street ended the week down sharply across major indices, per the Honolulu Star-Advertiser
Why it matters: The Nasdaq's 2% Friday drop marks its worst weekly performance since June, per CNBC, signaling a sharp reversal in the AI-led tech rally that had dominated markets — directly hitting tech-heavy portfolios and reflecting a broader risk-off turn tied to oil-price spikes.
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