The Strangest Thing About the Nasdaq's Monday Drop

The Nasdaq Composite (NASDAQINDEX: ^IXIC) index has been leading the stock markets higher through 2020, having set new records on several occasions. On Monday, however, there was definitely a much different vibe. A midday drop came for the broader market, and many commentators blamed it on Washington's continued inability to reach a compromise on additional economic stimulus for the U.S. economy. By 3:15 p.m. EDT, the sell-off had accelerated, and the Nasdaq was down almost 1.5%.

Pullbacks for the Nasdaq index haven't been uncommon over the course of the year, as investors have generally been ready to flinch at the first sign of bad news. However, there was something about the way the market behaved on Monday that was particularly unusual. To get a sense of it, you need to look at the largest and most important companies listed on the Nasdaq Stock Market and see what they have in common.

Image source: Getty Images.

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Source Fool.com