Why did the Nasdaq Composite fall today?

Sentiment turned cautious after Alphabet’s results were followed by a larger 2026 AI capex outlook, which raised profit concerns. Softer ADP hiring data added to growth worries. Software and some megacaps weakened, pressuring AI tech stocks and indices. Traders reduced risk while waiting for more earnings and macro data clarity.

What should Indian investors do when Nasdaq today is volatile?

Avoid impulsive trades. Continue SIPs, rebalance if US tech exposure has grown too large, and consider staggering new entries. Track returns in both INR and USD. Use “Nasdaq live” updates around payrolls, CPI, and earnings to plan, but make changes based on goals, horizon, and risk tolerance.

Are AI tech stocks still attractive after this pullback?

They can be, but selectivity matters. Focus on firms with clear AI monetisation, disciplined capex, and healthy free cash flow. Use corrections to build gradually, not chase spikes. Watch how guidance evolves through earnings. The Nasdaq Composite can stabilise if spending converts to revenue without squeezing margins.

Which levels matter for near-term trading on the Nasdaq Composite?

Watch 25,456 as intraday support and 25,823 as resistance, with the 50-day average near 25,371.656. The upper Bollinger band sits around 25,946.86 and the year high is 26,182. A sustained break above these zones may improve momentum, while losing support could invite more volatility.

Global Market Insights

^NDX Today, February 05: AI Jitters Deepen as Alphabet Capex Shocks

ByHuzaifa Zahoor February 5, 2026

The Nasdaq Composite stayed under pressure today as AI jitters deepened and investors questioned big-tech spending plans. Alphabet’s upbeat results but larger 2026 AI capex outlook rattled risk appetite, keeping “Nasdaq today” screens in the red. The Nasdaq 100 (^NDX) traded at 25,552.39, down 1.2822640137581451%, with volatility elevated. Softer ADP hiring data added to growth worries. For Indian investors, US tech weakness often spills into IT-heavy allocations and global funds. We break down the drivers, levels to watch, and portfolio moves to consider in simple terms.