Nasdaq Sheds Almost $1 Trillion

Nasdaq Sheds Almost $1 Trillion
A file image of stock numbers for Apple displayed on a screen at the Nasdaq MarketSite in Times Square in New York City, on Jan. 29, 2019. Drew Angerer/Getty Images
Nicholas Dolinger
Updated:

The Nasdaq Composite has reported losses of nearly $1 trillion, in what constitutes the index’s worst week since early January, as legions of highly valued tech stocks see notable declines in market capitalization.

Continuing the trend of several challenging months for the notable exchange, the Nasdaq closed on Thursday evening $982 billion lower than it opened on Monday, driven by massive losses for big tech.