Nasdaq fell 0.6%
The Nasdaq Composite ended Tuesday's session at 26,445.45, down 0.6% on the day — the steepest fall of the three main US benchmarks, as selling concentrated in the large technology names that dominate its weighting.
Even after that decline the index sat near the top of its one-year band, closing 2.39% below its 52-week high of 27,093.9 and 27.17% above the 52-week low of 20,794.64. It held above both averages traders watch most, the 50-day at 25,924.9 and the 200-day at 24,127.23 — a moving average being the mean close over that many sessions, a rough line between uptrend and downtrend. Year to date it was up 13.78%.
The nearer windows were flatter than that: down 0.52% over the past week, up 2.21% over a month, up only 0.65% over three months. Most of the year's advance was banked earlier.
In the same Tuesday session the weakness was broad but shallow. The S&P 500 fell 0.32% and the Dow 0.34%; the FTSE 100 slipped 0.17% and the CAC 40 0.13%, while the DAX rose 0.26% and the Euro Stoxx 50 0.24%. Asia's Tuesday closes were softer — the Hang Seng lost 1.1% and Shanghai 0.82%, though Taiwan's TAIEX added 0.43% — and India's Sensex and Nifty 50 ended 0.49% and 0.46% lower. Three peers carried Wednesday dates instead, their day finishing before Wall Street's: Japan's Nikkei up 0.12%, Australia's ASX 200 down 0.37%, and South Korea's KOSPI up 2.03%, the largest move listed and one that landed after the Nasdaq's drop rather than alongside it.
Only one headline in the pack was fresh. Goodreturns, reporting live on 11 August, had the Nasdaq shedding roughly 140 points as technology stocks dragged, with the Dow and S&P 500 also lower — a restatement of the move, not a cause. The rest were older or speculative: a TradingKey wrap from four days earlier described the Composite rising 1.3% as Fed rate-hike expectations cooled, memory stocks selling off and SpaceX up 15.83%; pieces from fool.com and The Globe and Mail argued from historical patterns rather than reporting Tuesday. An NBC News headline a fortnight old placed the Nasdaq-100 in correction, which sits oddly beside the Composite's 2.39% gap to its 52-week high — a different index over a different window, worth flagging rather than reconciling.
What the data records is a modest, tech-led down day in an index still above both major moving averages and within a few percent of its 52-week high. What it does not contain is a driver: no data release, earnings number or policy event is attached to Tuesday's 0.6% fall, and the one same-day headline names sector weakness without explaining it.
The numbers
- Level 26,445.45, -0.60% on the day (as of 2026-08-11)
- 1-week -0.52% · 1-month +2.21% · 3-month +0.65% · YTD +13.78%
- 52-week range 20,794.64 – 27,093.90, 2.4% below the high
- Trading above its 50-day average and above its 200-day average
Around the world (same session)
- S&P 500 -0.32%
- Dow -0.34%
- FTSE 100 -0.17%
- DAX +0.26%
- CAC 40 -0.13%
- Euro Stoxx 50 +0.24%
- Nikkei +0.12%
- Hang Seng -1.10%
- Shanghai -0.82%
- KOSPI +2.03%
- TAIEX +0.43%
- ASX 200 -0.37%
- Sensex -0.49%
- Nifty 50 -0.46%
Recent headlines
- US Stock Market Today Live, August 11: Nasdaq Drops 140 Pts As Tech Stocks Drag; Dow Jones, S&P 500 In Red Too — Goodreturns (6h ago)
- US Stocks Close: Nasdaq Composite Index Rises 1.3% as Fed Rate-Hike Expectations Cool; Memory Stocks Sold Off While Software Gains; SpaceX Soars 15.83% — TradingKey (4d ago)
- If a Stock Market Crash Is Coming, History Says Investors Who Do This Will Turn a Big Profit — fool.com (1d ago)
- The Nasdaq Composite Just Did Something That's Been Observed Only 18 Times Since Its Inception in 1971 -- and History Says Stocks Are About to Skyrocket — The Globe and Mail (1d ago)
- Nasdaq 100: Tech Stocks Lead Monday’s Pre-Market Bid Ahead of CPI — FXEmpire (1d ago)
- Nasdaq Composite Index (.IXIC) — Moomoo (6d ago)
- Nasdaq-100 slides into correction as global chip and memory stocks sell off — NBC News (14d ago)
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera (35d ago)
Sources
- US Stock Market Today Live, August 11: Nasdaq Drops 140 Pts As Tech Stocks Drag; Dow Jones, S&P 500 In Red Too — Goodreturns
- US Stocks Close: Nasdaq Composite Index Rises 1.3% as Fed Rate-Hike Expectations Cool; Memory Stocks Sold Off While Software Gains; SpaceX Soars 15.83% — TradingKey
- If a Stock Market Crash Is Coming, History Says Investors Who Do This Will Turn a Big Profit — fool.com
- The Nasdaq Composite Just Did Something That's Been Observed Only 18 Times Since Its Inception in 1971 -- and History Says Stocks Are About to Skyrocket — The Globe and Mail
- Nasdaq 100: Tech Stocks Lead Monday’s Pre-Market Bid Ahead of CPI — FXEmpire
- Nasdaq Composite Index (.IXIC) — Moomoo
- Nasdaq-100 slides into correction as global chip and memory stocks sell off — NBC News
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera
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