The Nasdaq (^IXIC -0.18%) has officially entered correction territory, falling by close to 13% since mid-February, as of this writing. Monday marked the index's worst single-day drop since 2022, as it plunged by 4% -- fueling concerns about a looming bear market or recession.
After running hard for more than two years, the current bull market is finally taking a well-deserved breather. The Nasdaq Composite has slipped into correction territory, defined as a decline of 10% or more from a recent peak.
The Nasdaq has hit some turbulence this year. It's currently down more than 10% from its recent peak, which puts it in correction territory.
The Nasdaq has hit some turbulence this year. It's currently down more than 10% from its recent peak, which puts it in correction territory.
The Nasdaq has entered correction territory, and just as the so-called "Magnificent Seven" stocks led the market higher during the bull run, these stocks have helped lead the market lower during this recent correction. The "Magnificent Seven" consist of seven leading technology companies: Alphabet (GOOGL -2.15%) (GOOG -2.17%), Amazon (AMZN 0.15%), Apple, Meta Platforms, Microsoft, Nvidia (NVDA 1.46%), and Tesla, all of which trade on the Nasdaq stock exchange.
The Nasdaq Composite has tumbled in recent weeks. The index is down more than 10% from its peak, which puts it in correction territory (a decline of 10% or more from the high).
Technology stocks have hit a rough patch of late as investors have been looking to reduce their exposure to riskier assets in the wake of the tariff-induced trade war, leading to an increase in demand for safer investments.
The tech-laden Nasdaq Composite index is having a forgettable 2025 so far as it recently entered correction territory following remarkable gains in 2023 and 2024 thanks to catalysts such as artificial intelligence (AI).
The Nasdaq is officially in correction territory, with the Nasdaq-100 index down by more than 12% from its recent high. A big driver of this has been the "Magnificent Seven" stocks, many of which are down by 20%, or much more, in just a few weeks.
The Nasdaq is officially in correction territory, with the Nasdaq-100 index about 13% below its recent high as of this writing. This has created some interesting opportunities for long-term investors, in terms of both individual stocks and exchange-traded funds (ETFs).
The Nasdaq party has been going on for a couple of years, but it seems the club owner has turned on the lights, with the index heading into correction territory.
Well, it has happened: After around two years of semismooth sailing, the Nasdaq has entered into correction territory. The Nasdaq Composite, one of the stock market's primary indexes, was down over 9% year to date as of market close March 10, and down roughly 13% since hitting a high on Dec. 16.