The Nasdaq index sheds 86.76 points (-0.74%) as market bears take the reigns

A quick look at Friday: Nasdaq dropped 86.76 points early on and stayed at 11,631.

The Nasdaq is now trading 14.73% above the significant low (10,200) it slumped to 2 months ago.

In the meantime, negative performances are also seen in other markets, CAC slips 1.43% Friday and closed at 7,025.72. Dow Jones stumbles 1.19% Friday and closed at 32,247. After ending Friday's session at 14,967, DAX lost 198.9 points and is trading around 14,768.