This Is Turning Into A NASDAQ Rout

Really ugly.

NASDAQ off 2%.

Apple down 2.33%.


Photo: Yahoo Finance

There doesn’t appear to be anything specific that would be causing such a wreck.

People are talking about “technicals” and so forth, which is unsatisfying.

Another big loser is McDonald’s (not a NASDAQ stock) which is down 3.8% after weak earnings this morning.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at