Nasdaq Composite drops below 17,500 post-PPI

Market overview

The Nasdaq Composite is projected to decline further after Tuesday's 0.71% loss, as technology stocks remain under pressure. A PPI report above expectations would reinforce fears of persistent inflation, pushing the index below the 17,500 mark by the end of Wednesday.

tech_stocks prediction market

Implied probability (Yes)

60%

Source: user-generated

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