Nasdaq Composite suffers sharpest daily loss in weeks after hawkish Fed remarks

Traders Union
All News
Financial News
Nasdaq weakness deepens supportive EMAs

All news

Top Stories

Editors' Picks

Crypto News

Financial News

Currencies

Market Voices

Companies

Regulators News

Sholanke Dele

14.11.2025

Nasdaq Composite suffers sharpest daily loss in weeks after hawkish Fed remarks — Nasdaq dropped 500 points

The Nasdaq Composite Index suffered its steepest daily decline in over a month on Thursday as hawkish commentary from Federal Reserve officials reignited concerns over the timing of interest rate cuts. The index broke decisively below its three-day consolidation range between 23,570 resistance and 23,280 support, dropping more than 2% or roughly 500 points to trade under 22,700. The sharp selloff confirmed a fresh bearish leg in the ongoing retracement from the all-time high near 24,000 and reflected renewed pressure across major technology and AI-related equities.

- Nasdaq dropped 500 points after Fed officials downplayed prospects of near-term easing.

- RSI on both timeframes turned bearish, confirming continuation of short-term selling pressure.

- Traders eye 22,600 support as decisive level separating correction from deeper downside phase.

Thursday’s decline was technically significant. On the 1-hour chart, the breakdown occurred below a cluster of closely aligned 20, 50, and 100 EMAs, which had reinforced the consolidation base throughout the week. The clean break beneath these levels indicated a decisive shift in momentum as investors moved to short positions, extending the correction that began after the record high earlier this month.

Nasdaq price dynamic (Aug - Nov 2025). Source: Tradingview

The renewed weakness came after several Fed policymakers hinted that further easing may not be imminent. The lack of fresh economic data following the recently ended government shutdown has made the Fed more reliant on incomplete information, leading some officials to suggest patience before adjusting rates. This more hawkish tone reduced expectations for a December rate cut, dampening sentiment across growth-heavy sectors that had benefited from the dovish narrative earlier in November.

Nasdaq structural uptrend hinges on defense of 22,600 support and trendline stability

In Friday’s premarket session, Nasdaq futures extended losses by another 0.7%, or about 120 points, deepening the week-to-date decline to over 1.4% or 240 points. Tech and AI-related valuations have again come under scrutiny, and the index is on track to post its second consecutive weekly loss. The combination of tightening liquidity expectations and lingering profit-taking in high-growth names has kept risk appetite muted.

From a structural perspective, the Nasdaq still maintains a broader pattern of higher highs and higher lows on the daily timeframe, proposing that long-term bullish momentum is not yet invalidated. The rising trendline connecting the previous higher lows now provides key support near 22,600. A decisive break below that level would indicate weakening confidence in technology stocks and open the door for further downside toward the October swing low at 22,200.

The daily RSI has shifted firmly into bearish territory, aligning with the 4-hour RSI, which continues to trend lower. This alignment confirms that short-term momentum supports further selling pressure. Unless sentiment improves or buyers defend the 22,600 level, the Nasdaq could face deeper retracement before a potential recovery attempt toward 23,000 in the coming sessions.

We discussed how the Nasdaq Composite consolidated for a third day as capital rotated from tech stocks. The index moved sideways between 23,570 and 23,280 while traders awaited fresh U.S. data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.