The Nasdaq composite index fell on Tuesday morning, and the decline in the technology index caused the index to break below the 50-day moving average for the first time in four months. Nasdaq COMP,
After a 2.5% drop on Monday, the stock finally fell 2.2%, which eventually brought the technical heavyweight index near 13,233, below its 50-day moving average, which technical analysts use as a measure of short-term momentum. According to FactSet data, the assets are 1
Fell 1% to 3,837, while the Dow Jones Industrial Average
It fell 0.6% to 31,341 on Tuesday.