Nasdaq Swings Amid Inflation Data and Tech Earnings Reports

📰 Key Update of the Day

Nasdaq declined after mixed inflation data and softer-than-expected tech earnings from major companies weighed on investor sentiment.

🔍 Quick Summary

Markets reacted nervously as recent inflation figures showed persistent price pressures, undermining hopes for a quick Fed pause. Tech giants reported earnings that missed or narrowly beat estimates, raising concerns over future profitability. This combination heightened volatility in tech stocks, leading to a broad sell-off in growth-focused NASDAQ names. Investors reassessed risk amid inflation uncertainty and cautious guidance from technology firms.

📈 Impacted Stock / ETF

Apple (AAPL) shares fell amid renewed investor caution following its earnings report, which showed slower iPhone sales and tempered forward guidance.

🧭 What This Means

Investors are prioritizing inflation trends and earnings quality in their tech exposure. Near-term volatility is likely to persist as market participants weigh growth risks. A cautious stance on high-valuation stocks could dominate until clearer economic signals emerge.