Stock markets rise and fall over time. It's just how the markets work.
With the Nasdaq Composite (^IXIC -4.00%) moving into correction territory (down at least 10% from an all-time high), several of its constituent stocks are suddenly a lot more attractively priced than they were to start the year. While investors never like to see markets pull back into correction territory, it does present a great buying opportunity for some great companies caught up in the sell-off.
The Nasdaq Composite (^IXIC -3.63%) has been riding high for more than two years now, as waning inflation, the prospect of lower interest rates, and the emergence of artificial intelligence (AI) helped fuel its impressive gains. In fact, since the bull market began in late 2022, the tech-centric index climbed as much as 95% before the recent market swoon.
The Nasdaq Composite (^IXIC -4.93%) is now 13% below its recent high, placing the tech-heavy index officially into correction territory. And while there are certainly good reasons why the market has been under pressure recently, such as recession fears and the potential effects of tariffs, situations like this also create buying opportunities for patient long-term investors to buy shares of great businesses.
Some short-term market pain can set you up for long-term gain. That's what's going on with SoundHound AI (SOUN -14.05%) right now.
The Nasdaq Composite (^IXIC -4.17%) has moved into correction territory (down at least 10% from all-time highs). A significant contributor to that drop has been Nvidia (NVDA -5.11%) stock, which is down about 20% year to date, as of this writing.
If you're one of the over 4 Million Americans set to retire this year, you may want to pay attention.
It's official. The stock market has gone negative for the year.
The Nasdaq has been a surefire winner over the past two years, soaring in the double digits annually. Investors were optimistic about the potential for a lower interest rate environment ahead and the fact that such a backdrop could benefit high-growth companies.
Over the last two weeks, Wall Street has sent a stern reminder to the investment community that stocks can, indeed, move in both directions.
Volatility has returned to the stock market. In particular, the tech-heavy Nasdaq Composite has suffered a rough start to the year.
Super Micro Computer (SMCI 3.21%) investors got good news last month after learning that the tech company, which has been mired in controversy in recent months, was able to file its quarterly and annual financials on time, satisfying the Nasdaq exchange. By doing so, it alleviates fears around the accuracy of its financials and it means the stock isn't at risk of being delisted anytime soon.