Tesla, Netflix Drag Nasdaq Down Hard

Tesla, Netflix Drag Nasdaq Down Hard

The stock market had a tough day on Friday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) suffered the brunt of the downdraft. Concerns about news that President Trump and other prominent officials in the administration have tested positive for COVID-19 were enough to take the air out of the rally earlier this week. The Nasdaq ended up losing more than 2% on the day.