[Breaking] U.S. Stock Markets Fall Across the Board... Nasdaq Plunges 509.90 Points as Big Tech Selling Expands
On the afternoon of the 23rd (Korean time), major indices are showing broad weakness in the U.S. stock futures market. In particular, the Nasdaq index is postin
![[Breaking] U.S. Stock Markets Fall Across the Board... Nasdaq Plunges 509.90 Points as Big Tech Selling Expands](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/584114/eacd75275778e411/variants/hero.webp)
On the afternoon of the 23rd (Korean time), major indices are showing broad weakness in the U.S. stock futures market. In particular, the Nasdaq index is posting the largest decline as selling continues, centered around big tech and growth stocks.
- *Major Index Trends**
- Dow Jones Industrial Average: 51,395.11 (down 317.60 points, -0.61% from the previous trading day)
- S&P 500 Index: 7,372.44 (down 100.35 points, -1.34%)
- Nasdaq Composite Index: 25,656.70 (down 509.90 points, -1.95%)
- Russell 2000 Index: 2,963.24 (down 41.16 points, -1.37%)
The overall sentiment reflects a contraction in risk appetite, as seen in the decline of the small- and mid-cap-focused Russell 2000 index.
Market Analysis and Outlook The market analyzes that profit-taking sell-offs in recent strong large-cap artificial intelligence (AI) technology stocks have increased downward pressure. In particular, the Nasdaq index recorded a relatively large decline as losses in major tech stocks widened.
Going forward, investors plan to keep a close eye on the future direction of the U.S. Federal Reserve's (Fed) interest rate policy, Treasury yield movements, and corporate earnings forecasts. There are also warnings that if interest rate uncertainty persists, volatility could expand further, particularly in growth and tech stocks.
With the weakness of the S&P 500 and Nasdaq indices standing out more than the Dow Jones index today, the market is being evaluated as undergoing a correction centered on big tech stocks.
[※ This article was written based on intraday market conditions, and indices and stock prices are subject to real-time fluctuations. Verification is essential. This article was written with AI assistance.]
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.

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