The tech-heavy Nasdaq's $1 trillion sell-off, in charts

The tech-heavy Nasdaq’s $1 trillion sell-off, in charts

PhonlamaiPhoto/Getty, mbbirdy/Getty, Richard Darko/Getty, Tyler Le/BIThe Nasdaq 100 fell 3.8% on Monday, its biggest decline since October 2022.The sell-off hit tech especially hard, with the Magnificent 7 cohort seeing deep losses.The Nasdaq wipeout alone accounted for more than $1 trillion of lost market value at lows.US stocks had a terrible day on Monday. And no sector suffered more than tech.The tech-heavy Nasdaq 100 saw among the deepest losses on the day, falling 3.8%, its largest single-day drawdown since October 2022. At intraday lows, with the index 4.7% lower, the amount of market value wiped out exceeded $1 trillion.!function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r=0;r