Nasdaq tanks 5% in October as tech bloodbath deepens

What happened: The Nasdaq Composite fell nearly 3% on Friday amid a wider technology selloff, intensified by weak third-quarter results from Intel (INTC). Key numbers: Nasdaq closed 2.86% lower at 25,437 points, its worst single-day performance since June. The index is down 5% in October. Why it matters: The drop marks the index's worst single-day performance since June as the technology sector selloff deepened. Coverage: 3 outlets in 24h

The Nasdaq Composite fell nearly 3% on Friday amid a wider technology selloff, intensified by weak third-quarter results from Intel (INTC).

The drop marks the index's worst single-day performance since June as the technology sector selloff deepened.