"Analyzing the Technical Fallout: NASDAQ Plunges 2% in a Single Day"

The NASDAQ index is down nearly 2% on the day, testing a key technical area around 14,000. If the index breaks below this level, traders will likely focus on the 200-hour moving average at 13,923.79, potentially leading to further selling. The Dow Industrial Average is down 0.65%, while the S&P index is down 1.19%.