[Watcher Guru] JUST IN: Nasdaq officially enters correction territory after falling 11% from its October high.
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The Nasdaq has officially entered correction territory after falling 11% from its October high, marking a sharp reversal for the tech-heavy index. The decline reflects mounting investor caution across U.S. equities, with the drop exceeding the 10% threshold that defines a correction. The move signals weakening risk appetite in markets that had rallied to record levels earlier in the fall. Investors will now watch whether the selloff deepens into a bear market or stabilizes as dip-buyers step in.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
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