---
title: "Nasdaq Slumps To Three-Week Closing Low Amid Tech Sector Weakness"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296824667.md"
description: "The tech-heavy Nasdaq slumped to a three-week closing low on Monday, driven by sector weakness. Despite recovering from early lows, the index closed down 200.26 points (0.8%) at 25,980.19. The S&P 500 also declined, falling 21.51 points (0.3%) to 7,652.86. Stocks maintained a negative bias throughout the trading session."
datetime: "2026-08-24T20:13:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296824667.md)
  - [en](https://longbridge.com/en/news/296824667.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296824667.md)
generator: "portal-rs"
---

# Nasdaq Slumps To Three-Week Closing Low Amid Tech Sector Weakness

Add  as your preferred news source on Google

 Add Now

After coming under pressure early in the session, stocks fluctuated over the course of the trading day on Monday but largely maintained a negative bias.

The tech-heavy Nasdaq showed a notable decline on the day, ending the session at its lowest closing level in three weeks.

The Nasdaq ended the day off its early lows but still closed down 200.26 points or 0.8 percent at 25,980.19. The S&P 500 also fell 21.51 points or 0.3 percent to 7,652.86.

This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.

Start Free Trial

FREE 7-Day Trial - No Payment Required

Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

### Related Stocks

- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md)
- [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md)
- [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md)
- [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md)
- [QLD.US](https://longbridge.com/en/quote/QLD.US.md)
- [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)
- [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md)
- [QID.US](https://longbridge.com/en/quote/QID.US.md)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)
- [IVV.US](https://longbridge.com/en/quote/IVV.US.md)
- [VOO.US](https://longbridge.com/en/quote/VOO.US.md)
- [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md)
- [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md)
- [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md)
- [SSO.US](https://longbridge.com/en/quote/SSO.US.md)
- [SH.US](https://longbridge.com/en/quote/SH.US.md)
- [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md)
- [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md)
- [SDS.US](https://longbridge.com/en/quote/SDS.US.md)
- [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md)
- [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md)
- [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md)

## Related News & Research

- [Mapping the Market: Nasdaq Composite still has room to climb](https://longbridge.com/en/news/296209296.md)
- [UBS Global Wealth Management lifts S&P 500 year-end target to 8,100](https://longbridge.com/en/news/296597853.md)
- [Kalshi files for S&P 500 perpetual futures in challenge to traditional exchanges](https://longbridge.com/en/news/296226910.md)
- [LIVE MARKETS-BofA clients flock to tech stocks](https://longbridge.com/en/news/296383193.md)
- [MGK, JEPI, and SPYM: Why ETF AI Analyst Has an 'Outperform' Rating and Sees 10%+ Upside](https://longbridge.com/en/news/296395161.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**