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Nasdaq Finally Snaps Longest Win Streak Since 1992

The Nasdaq’s 13-day winning streak ended as investors awaited U.S.-Iran peace-talk updates, slowing tech momentum and nudging markets lower. The tech-heavy index slipped about 0.3% (‑144.43 points to 24,259.96), while the S&P 500 and Dow also declined. Energy led movers: Brent rose 5.6% to $95.48/bbl and WTI jumped 6.9% to $89.61, reflecting geopolitical risk that could boost sector strength and volatility. Big-cap tech underperformed, while smaller stocks and software names continued to rally, suggesting factor rotation. Bitcoin traded near $77,876, showing strength amid the risk backdrop. Traders will weigh geopolitical headlines against upcoming corporate earnings for market direction.

Category

US Tech 100

Sentiment

Neutral

Event

Market commentary

Reading time

1 min