Nasdaq-100 Drops 2.2% Amid Rising Oil Prices and Middle East Tensions

The Nasdaq-100 fell by 2.2%, while the Nasdaq Composite dropped 2.6% as investors shifted away from tech stocks amid heightened geopolitical tensions in the Middle East, which pushed oil prices above $100 per barrel.

By Jason Capul, SA News Editor · Seeking Alpha · July 23, 2026, 15:41 UTC

Nasdaq-100 Drops 2.2% Amid Rising Oil Prices and Middle East Tensions

Topics: geopolitical tensions Nasdaq-100 risk assets tech stocks

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