U.S. stocks open with extended losses: all three major stock indexes down 1%, Nasdaq on track to confirm correction
On 4 March, according to Golden Ten, US stocks opened lower, with all three major indexes down 1%. The Nasdaq Composite Index is expected to confirm a correction and is now down 10% from its all-time closing high.
Tesla (TSLA.O) is down 4.3% after Bank of America cut its price target sharply to $380 from $490, and Nvidia (NVDA.O) extended yesterday's losses to open down 2.2%.
As for cryptocurrency concepts, CEX fell 1.51 per cent and Strategy dropped 4.27 per cent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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