What did the nasdaq do today

On Tuesday, September 22, 2026, the Nasdaq Composite index experienced a notable decline as investors reacted to a combination of cooling labor market data and cautious sentiment regarding upcoming corporate earnings. The tech-heavy index retreated by approximately 1.2% during the trading session, marking a departure from the modest gains observed earlier in the week. Market analysts pointed to significant downward pressure on major semiconductor manufacturers and cloud computing firms, which have been the primary drivers of growth throughout the year. The sell-off was exacerbated by rising yields on long-term government bonds, which prompted institutional investors to rotate capital out of high-growth technology stocks and into more defensive sectors. Despite the day's losses, market participants remain focused on the Federal Reserve’s upcoming policy meeting, hoping for further clarity on interest rate trajectories. Trading volume remained relatively high as traders adjusted their portfolios in anticipation of increased volatility heading into the final week of the month. The index closed near its session lows, reflecting a broader trend of investor hesitation in the current macroeconomic environment.