Nasdaq Closes Lower for Fifth Straight Day

How it moves markets

NDX — down: ongoing pressure from technology stocks including chip makers led to the fifth straight decline

SPX — down: same technology selling pressure spilled over to the broader index

Chain reaction

technology stocks face selling pressure

Nasdaq Composite declines

S&P 500 posts matching losses

Dow shows relative resilience

Scenarios

Bull case: Limited information available to assess this scenario.

Base case: The Nasdaq and S&P 500 may keep trading lower while the Dow remains steadier until technology pressure eases.

Bear case: Continued selling in technology stocks including chip makers could extend the losing streak for the Nasdaq and S&P 500.

Winners and losers

Loser — NDX: direct pressure from technology stocks and chip makers

Loser — SPX: spillover from the same technology selling

The MAEXO take

Bearish pressure remains focused on technology names, producing repeated losses in the Nasdaq while the Dow offers a buffer. Retail investors should track whether tech selling spreads or stays contained.

What to watch next

next session performance of technology stocks

chip maker share price moves

whether the Dow continues to hold up better than the Nasdaq

Learn the concept

A streak of daily losses in one part of the market often reflects concentrated selling in a few sectors rather than uniform weakness everywhere.