The Nasdaq 100 Index hit a new intraday low, currently down by 0.8%.

Constituent stock Regeneron Pharmaceuticals fell by 10.7%, Strategy dropped 7.67%, Seagate Technology declined 7.46%, Sandisk decreased 6.37%, Western Digital dropped 6.08%, Applied Materials fell 5.69%, Tesla slipped 2.7%, while Zscaler rose by 5.82% to be the third-best performer, Charter Communications increased 6.13%, and Thomson Reuters surged 7.84%.