Nasdaq edged down 0.1%
The Nasdaq Composite slipped 0.05 percent on Monday to close at 25,508.07, a barely perceptible decline that masked sharper divergences elsewhere in global markets. The tech-heavy benchmark has now drifted 1.97 percent lower over the past month, though it remains up 9.75 percent year-to-date and 23.52 percent above its 52-week low of 20,650.13 set last July. The index currently sits 5.85 percent below its 52-week high of 27,093.9 reached earlier this year.
Technically, the Nasdaq has slipped beneath its 50-day simple moving average of 26,133.43, a short-term momentum indicator that now acts as overhead resistance. However, it still holds comfortably above its 200-day average of 23,891.5, suggesting the longer-term uptrend remains intact. The index's three-month gain of 4.25 percent continues to outpace its more recent weakness.
Monday's session saw American equities broadly underperform their international counterparts. The S&P 500 fell 0.19 percent and the Dow Jones Industrial Average dropped 0.59 percent, while European bourses advanced across the board: the Euro Stoxx 50 led with a 0.74 percent gain, followed by Germany's DAX at 0.48 percent, Britain's FTSE 100 at 0.34 percent, and France's CAC 40 at 0.32 percent. Asian markets showed even starker contrasts, with Taiwan's TAIEX surging 4.2 percent, South Korea's KOSPI jumping 3.56 percent, and Japan's Nikkei climbing 3.26 percent. Mainland China's Shanghai Composite rose 1.79 percent, while India's Sensex and Nifty 50 both declined around 0.2-0.3 percent.
The news flow offered no clear catalyst for the Nasdaq's muted finish. A headline from TradingKey noted that US stocks had rallied strongly in a prior session with chip stocks and cloud providers resuming their rise, while The Globe and Mail reported that tech had won out over industrials on Monday—observations that sit somewhat at odds with the Nasdaq's flat close. Several headlines referenced SpaceX's addition to the Nasdaq-100 index roughly two weeks ago, though none tied this to price action on the day.
What the data establishes is a market in consolidation: the Nasdaq has lost ground over one week and one month while maintaining solid longer-term gains, and it is underperforming both European and most major Asian benchmarks in the current session. What it does not establish is any identifiable driver for Monday's minimal move, nor whether the recent softening will deepen or reverse.
The numbers
- Level 25,508.07, -0.05% on the day (as of 2026-07-20)
- 1-week -1.41% · 1-month -1.97% · 3-month +4.25% · YTD +9.75%
- 52-week range 20,650.13 – 27,093.90, 5.8% below the high
- Trading below its 50-day average and above its 200-day average
Around the world (same session)
- S&P 500 -0.19%
- Dow -0.59%
- FTSE 100 +0.34%
- DAX +0.48%
- CAC 40 +0.32%
- Euro Stoxx 50 +0.74%
- Nikkei +3.26%
- Hang Seng -0.04%
- Shanghai +1.79%
- KOSPI +3.56%
- TAIEX +4.20%
- ASX 200 +0.02%
- Sensex -0.31%
- Nifty 50 -0.21%
Recent headlines
- Markets at a glance - Nasdaq Composite index fell 1.5 percent on Thursday — marketscreener.com (4d ago)
- US Stocks Rally Strongly, Philadelphia Semiconductor Index Gains Over 2%: Chip Stocks and Cloud Providers Resume Rise; Analysts Say Kimi K3 Selloff Irrational — TradingKey (17h ago)
- Market Indexes Play Favorites: Tech Wins, Industrials Sulk on Monday — The Globe and Mail (17h ago)
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera (14d ago)
- Nasdaq Composite Index (.IXIC) — Moomoo (4d ago)
- Stock Market Today: Nasdaq 100 Gains On Chip Stock Rebound - Vanguard S&P 500 ETF (ARCA:VOO) — Benzinga (16h ago)
- What to Expect in Markets This Week: SpaceX Joins Nasdaq 100 Index; Second-Quarter Results Start to Arrive — Investopedia (16d ago)
- SpaceX Joined the Nasdaq 100 Index Today—Here’s Why That Matters to Stock Investors — Investopedia (14d ago)
Sources
- Markets at a glance - Nasdaq Composite index fell 1.5 percent on Thursday — marketscreener.com
- US Stocks Rally Strongly, Philadelphia Semiconductor Index Gains Over 2%: Chip Stocks and Cloud Providers Resume Rise; Analysts Say Kimi K3 Selloff Irrational — TradingKey
- Market Indexes Play Favorites: Tech Wins, Industrials Sulk on Monday — The Globe and Mail
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera
- Nasdaq Composite Index (.IXIC) — Moomoo
- Stock Market Today: Nasdaq 100 Gains On Chip Stock Rebound - Vanguard S&P 500 ETF (ARCA:VOO) — Benzinga
- What to Expect in Markets This Week: SpaceX Joins Nasdaq 100 Index; Second-Quarter Results Start to Arrive — Investopedia
- SpaceX Joined the Nasdaq 100 Index Today—Here’s Why That Matters to Stock Investors — Investopedia
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