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Nasdaq Composite Plunges 2.9%: Why Is the Tech Sell-Off Deepening, and What Comes Next?

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By on October 31, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Nasdaq Composite Plunges 2.9%: Why Is the Tech Sell-Off Deepening, and What Comes Next? appeared first on Coinpedia Fintech News

The technology rally that powered Wall Street for much of 2026 is facing a serious test. The Nasdaq Composite fell 2.86% on Friday, extending its October decline as investors reassessed the costs and potential returns of the artificial intelligence boom. The pressure has spread from mega-cap technology companies to semiconductor stocks, with some of the …

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