Nasdaq at Critical Crossroads as Fed Meeting Looms
The Nasdaq composite index has been testing a key level ahead of the Federal Reserve meeting. The AI-powered stock analysis from Investor's Business Daily warns that Nvidia, Sandisk, and Micron are experiencing a decline in price.
The Nasdaq is approaching a crucial support level at around the current price, which could be a make-or-break point for the index.
Nvidia, an artificial intelligence and semiconductor company, has seen its stock price fall by 10.3% over the past week, while Sandisk and Micron have also experienced significant losses.