Nasdaq Falls 4% as US Stocks Drop After Election Rally
The three major US stock indexes are down sharply. Nasdaq is down more than 4%; Qualcomm shares are falling more than 11% after a disappointing quarterly report.
STOCKS DROP DAY AFTER ELECTION RALLY; NASDAQ DOWN 4%The three major US stock indexes are down sharply, with the Nasdaq TVC:IXIC down more than 4%, a day after a post-election market rally.Qualcomm NASDAQ:QCOM is falling more than 11% after a disappointing quarterly report, while the Cboe volatility…