The Nasdaq Composite index fell over 2% during intraday trading on March 15, 2025, leading a broad market selloff driven by investor concerns over persistent inflation and interest rate expectations. The tech-heavy index's decline of 2.19% was one of the most significant single-day moves this quarter, impacting major tech stocks like Apple, Microsoft, and Nvidia. The S&P 500 and Dow Jones Industrial Average also experienced declines of 1.43% and 0.95%, respectively. The selloff was fueled by strong employment data and ongoing service-sector inflation, prompting investors to reassess the Federal Reserve's monetary policy path. Higher interest rates typically pressure growth stocks, affecting Nasdaq constituents more than other sectors. The market's reaction included a spike in the VIX index, indicating increased demand for downside protection, and a shift in investor sentiment towards more defensive sectors like utilities and consumer staples.