Market Meltdown: Nasdaq Plummets 12% as ‘Good News is Bad News’ Trend Takes Hold
The Nasdaq Composite Faces Volatility Amid Economic Uncertainties Market Turmoil The Nasdaq Composite is down 1.2% and trading at the lows of the day. The selling accelerated after a strong US services survey from the Institute for Supply Management. Rather than cheering a resilient economy, the market is fretting about higher interest rates in a…