NewsSignals AI analysis·Benzinga·Nov 2, 2026

Nasdaq Tumbles Over 700 Points as Chip Stocks Fall: Investor Sentiment Weakens, Greed Index Remains in ‘Fear’ Zone

Grade Abearish AI signal$AMDSTOCK$XOMSTOCK$AAPLSTOCK$AMZNSTOCK$INTCSTOCK$MUSTOCK

The Nasdaq tumbled more than 700 points as chip stocks fell and investor sentiment weakened. The Fear & Greed Index slipped to 26, remaining in the “Fear” zone. Intel plunged 29%, while technology stocks led the broader decline. The reported selloff places chipmakers and other major tech-linked equities at the center of the market move, with sentiment data underscoring the cautious backdrop.

Bullish strength: 18/100

Defensive sectors such as energy gain strength, providing partial support

Bearish strength: 82/100

Nasdaq plunges over 700 points as risk appetite declines sharply
Intel plunges 29%, putting pressure on the chip sector

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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