Market videos

Nasdaq’s Kevin Davitt tells Schwab Network that a close near the interview’s levels would mark the Nasdaq 100’s 11th fall of at least 5% since 2020. He puts the peak-to-trough decline near 13%–15%, compared with roughly 23% in 2025 and 35% in 2022. He sees unusually broad selling, about 85% downside participation, and elevated fear in options. The next few sessions and Nvidia’s coming earnings are his checkpoints, rather than a firm rebound prediction.