Nasdaq Falls 3% Amid U.S.-Iran Tensions and Tech Sell-off

AI Summary

On June 9, 2026, the Nasdaq Composite fell by 3% due to a sell-off in chip stocks as U.S.-Iran tensions escalated following the shooting down of a U.S. helicopter. This event has led to market volatility, impacting technology stocks specifically. The broader market showed a mixed performance with the Dow Jones rising while the S&P 500 also faced declines. The ongoing geopolitical events could further affect investor sentiment, contributing to uncertainty in the technology sector.