Why Has the Stock Market Been Down?

By Eric Cuka – Aug 31, 2022 at 10:35AM

NASDAQ: QQQ

Invesco QQQ Trust

Market Cap

Today's Change

(-0.57%) -$2.44

Current Price

$422.15

Price as of May 1, 2024, 3:56 p.m. ET

Here is why the stock market has been down and what may happen next.

The stock market was down yesterday for the third consecutive day. Please watch the below video for commentary on why the stock market is selling off and how to manage your portfolio as a long-term investor. I will also discuss key technical levels for the Invesco QQQ ETF (QQQ -0.57%).

*Stock prices used in the below video were from the trading day of Aug. 30, 2022. The video was published on Aug. 30, 2022.

Eric Cuka has positions in Invesco QQQ Trust. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.