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Nasdaq 100’s Unrelenting Declines Ring a Dot-Com Bust Alarm Bell

  • Tech-heavy gauge down at least 1% every day over the week
  • Pearkes at Bespoke views it as ‘ominous’ signal for market

Bulls should be glad there were only four days this week instead of five.

To wit, the Nasdaq 100 just did something it hasn’t done since the aftermath of the internet bubble: fall more than 1% in every session of a week. It doesn’t count as a superlative because Monday was a holiday. But for investors caught up in the selloff, it felt like something shifted.