Stock Market Today: SP, Nasdaq Extend Losing Streaks on Micron Demand Woes The latest batch of corporate earnings updates sparked a selloff in stocks on Tuesday, with the tech-heavy Nasdaq leading the path lower. Travel stocks were hit particularly hard after Norwegian Cruise Lines ( NCLH ) reported its second-quarter results. For the three-month period, the cruise operator brought in revenue of $1.2 billion and recorded a per-share loss of $1.14, missing analysts'' consensus estimates. And in the company''s earnings call, CEO Frank Del Rio said that bookings in the second half remain below the "extraordinarily strong" levels they were at in 2019. This sparked a 10.6% drop in NCLH stock to a point not much above its pandemic lows. Other travel-related names like Royal Caribbean Cruises ( RCL , -5.6%) and American Airlines ( AAL , -2.7%) fell as well. SEE MORE 10 Metaverse Stocks for the Future of Technology Meanwhile, Micron Technology ( MU , -3.7%) followed in the footsteps of fellow chipmaker Nvidia ( NVDA , -4.0%), whose revenue warning on Monday put pressure on tech stocks.