NASDAQ is bearish
Investors are left wondering what could have gone wrong because the NASDAQ opened the market at a higher price and crashed right after.
The Dow hit a record high after rallying 0.3% in the stock markets we then saw the Nasdaq shorting by 0.4% because blue-chip companies like Netflix, Facebook, and others, fell by more than 1% in the stock markets.
The S&P 500 index fell by 0.1%, closing the market in red for the first time in nearly a month.
Some companies have stated that there is a rise in demand for their goods and services but are experiencing a supply shortage which has led to an increase in prices.
Financial experts are predicting that the Nasdaq will make a come back to trade at a higher price.