Nasdaq

• The Dow Jones Industrial Average and Nasdaq Composite have officially entered correction territory, each falling more than 10% from their recent peaks, signaling sustained market weakness across major indices. • The S&P 500 declined 25.13 points to close at 6,343.72, down 0.4%, while deepening losses to 9.1% below its record set in early 2026; the Nasdaq composite fell 0.7% to 20,794.64. • Wall Street has recorded its fifth consecutive week of losses, driven by rising geopolitical tensions from the US-Iran conflict combined with aggressive Trump administration tariff measures heightening market uncertainty.

• Autozi Internet Technology (Global) Ltd. (AZI) received a Nasdaq notification on March 29, 2026, for failing to meet the minimum market value of listed securities requirement. • The company has been given 180 days to regain compliance by achieving a market value of listed securities of at least $35 million for 10 consecutive trading days. • This compliance issue highlights ongoing challenges for smaller Nasdaq-listed firms amid market volatility and economic pressures.

• Major US indices declined Thursday amid caution over Trump's Iran pause and U.S.-Iran talks: Nasdaq fell 2.4% to 21,408.08, S&P 500 lost 1.7% or 114.74 points to 6,477.16, Dow dropped 1% or 469.38 points to 45,960.11. • Eight of 11 S&P sectors ended negative, led by Communication Services (XLC) -3.5%, Tech (XLK) -2.7%, Industrials (XLI) -2.3%; Energy (XLE) gained 1.6%. • NVIDIA (NVDA) led Dow losers down 4.2% despite Zacks Rank #1 (Strong Buy); trading volume at 16.50 billion shares below 20-session average of 20.54 billion.

• The tech-heavy Nasdaq and Dow Jones are on the brink of correction territory, defined as a 10% decline from recent peaks, with investors growing concerned the Iran conflict may cause lasting market damage beyond typical episodes. • All three major stock indexes closed Friday with their fourth consecutive weekly loss: the Dow fell 2.1%, Nasdaq dropped 2.1%, and the S&P 500 tumbled 1.9%, according to FactSet data. • The "TACO trade" (Trump Always Chickens Out), where investors bet Trump will reverse course during market selloffs, is looking increasingly suspect as the conflict deepens, with analysts warning that longer-term resolution becomes harder the deeper the conflict progresses.

The Nasdaq Composite dropped 1.78% to 22,111 on March 13, 2026, as surging oil prices and fears of Iran war fueled broad risk-off selling across US markets. The Dow fell 1.56% to 46,777, with the S&P 500 down 3% for March, turning yearly performance negative amid worries over global oil supply disruptions. Markets hoped for a Persian Gulf ceasefire that failed to materialize, shifting sentiment to defensive. This Friday's action highlights unique dangers from combined geopolitical and energy shocks.

Tesla held steady near $395 on March 13, 2026, showing stability amid Nasdaq's 100-point drop to 22,211 driven by geopolitical tensions. The performance reflects relative EV sector resilience, alongside NIO's 4% gain on improving global sentiment. This contrasts with broader profit-taking, positioning Tesla as a volatility outlier. Watch for EV policy shifts in upcoming sessions.