ReferIndia News Market Turbulence: Nasdaq's Downturn Amid Tech Valuation Concerns

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Market Turbulence: Nasdaq's Downturn Amid Tech Valuation Concerns

Published on: June 25, 2026, 1:31 a.m. | Source: Devdiscourse

The Nasdaq and S&P 500 saw declines as tech stocks weighed on the market, despite a rise in travel stocks due to falling crude prices. Micron Technology and Cerebras Systems faced downturns amid growing concerns over high valuations and Federal Reserve rate hikes. Meanwhile, homebuilders surged after a legislative decision by Trump.

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