Nasdaq Composite falls 5.3% in October, worst month since early 2025
The gist
The Nasdaq Composite dropped 5.3% in October, its worst month since President Trump's early-2025 tariffs rocked the index.
Tech investors are weighing whether the AI-driven sell-off marks a bottom.
How it unfolded
- Oct 28, 2026The Nasdaq Composite closed 0.27% higher at 26,549.85 on Wednesday.
- Oct 30, 2026The index fell 747.73 points, or 2.86%, to 25,437.00, its steepest single-day decline since June; the Dow fell 1.09% and the S&P 500 dropped 1.82%.
- Oct 30, 2026The Nasdaq 100 plunged as much as 4.5% during trading, retreating more than 10% from its recent peak into its third technical correction of the year, and fell about 3% over the week.