NASDAQ 100 enters correction, falls 10% from October high
Photo: Crypto Briefing
The Nasdaq 100 index has fallen 10% from its October high, entering correction territory, according to a report by @FirstSquawk. The technology-heavy index, which includes major semiconductor and artificial intelligence companies, has seen a significant decline from its peak earlier in the month. Recent selling pressure has particularly impacted chip and AI stocks, coinciding with concerns over Alphabet ’s performance and broader market volatility. The index’s fall below its 100-day moving average indicates a potential shift in market sentiment.
Source: Crypto Briefing
