Stock trading could get ugly in the final 45 minutes of trading if yesterday’s pre-ISM lows break.
The Nasdaq is at the vanguard of the slump once again and is down 1.1% to 4092, but briefly fell below yesterday’s low of 4086.
Nasdaq daily
The S&P 500 is still about 0.2% above Monday’s low.
Some are pointing to the IPO of Candy Crush Saga maker King Digital on March 25 as the catalyst for the breakdown in tech stocks.
Something definitely feels very, very wrong in this picture:
