The sell-off in technology stocks picked up steam on Mar. 31, 2025. The technology-heavy NASDAQ index continued to trend lower even as the Dow and S&P 500 made gains. As has been the case this year, blue-chip tech stocks like Microsoft Corporation Corp. (NASDAQ: MSFT) were among the targets.
MSFT is down 1.36% and has fallen below its 50-day simple moving average. As of Mar. 31, the stock was down 12.5% year-to-date, underperforming the NASDAQ over the same period.
