NASDAQ 100 Wobbles as AI Trade Loses Steam
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The NASDAQ 100's heavy weighting toward AI-linked megacaps has made it ground zero for the current market split. CNN's Fear & Greed index has swung firmly into fear territory, reflecting a broader unwind in positioning that had driven tech valuations to stretched levels through 2026.
CoreWeave's recent stumble triggered outsized anxiety across the sector, though some analysts argue the reaction overstates underlying fundamentals. For NASDAQ 100 traders, the divergence between headline panic and actual performance metrics is becoming the key variable to watch into year-end.