Top Nasdaq movers this week as tech stocks continue to drag down the index

What: The Nasdaq index has fallen **4.2%** this week due to declining tech stocks.
Why: Tech stocks have been heavily impacted by rising interest rates and inflation concerns.
Signal: The decline in tech stocks is a warning sign for investors, as it may indicate a broader market correction.
Target: Investors are looking to **$12,000** as a potential support level for the Nasdaq index.
Risk: A further decline in tech stocks could lead to a **$200 billion** loss in market capitalization.