The Nasdaq Turns Negative For March 24th As Tech Sells Off Hard

Quick Read Invesco QQQ Trust (QQQ) declined 4% year-to-date and 2% over the past week, while SPDR S&P 500 ETF (SPY) is down 5% over the past month and SPDR Dow Jones ETF (DIA) fell nearly 7% since late February; iShares Russell 2000 ETF (IWM) showed relative resilience with less than 1% decline over five days. JPMorgan cut Fair Isaac’s (FICO) price target from $1,825 to $1,325 citing concerns about pricing power erosion in mortgage credit scoring and potential regulatory pressure. The Iran conflict is ...