Nasdaq Correction: 3 Things Every Investor Should Know
The Nasdaq, along with the S&P 500 and the Dow Jones Industrial Average, roared higher over the past two years, delivering double-digit annual gains. And the momentum continued into this year as investors piled into high-growth companies involved in hot technologies such as artificial intelligence and quantum computing -- until recently.Over the past few weeks, a drop in consumer confidence in February and a weaker-than-expected jobs report fueled uncertainty about the economy and the potential effect on corporate earnings. And investors also worried about the impact of certain moves from President Trump -- for example, the launch of tariffs on imports from Mexico, Canada, and China. Trump introduced the tariffs early last week, though he delayed them by one month on items covered by the United States-Mexico-Canada Agreement.As a result, some of the strongest growth stocks, from Nvidia (NASDAQ: NVDA) to Amazon, have seen their shares tumble and last week dragged the tech-heavy Nasdaq into correction territory. This downturn may make you wonder whether you really should be buying stocks right now. Before deciding, though, here are three things every investor should know about the Nasdaq correction.Continue reading
The Nasdaq, along with the S&P 500 and the Dow Jones Industrial Average, roared higher over the past two years, delivering double-digit annual gains. And the momentum continued into this year as investors piled into high-growth companies involved in hot technologies such as artificial intelligence and quantum computing -- until recently.
Over the past few weeks, a drop in consumer confidence in February and a weaker-than-expected jobs report fueled uncertainty about the economy and the potential effect on corporate earnings. And investors also worried about the impact of certain moves from President Trump -- for example, the launch of tariffs on imports from Mexico, Canada, and China. Trump introduced the tariffs early last week, though he delayed them by one month on items covered by the United States-Mexico-Canada Agreement.
As a result, some of the strongest growth stocks, from Nvidia (NASDAQ: NVDA) to Amazon, have seen their shares tumble and last week dragged the tech-heavy Nasdaq into correction territory. This downturn may make you wonder whether you really should be buying stocks right now. Before deciding, though, here are three things every investor should know about the Nasdaq correction.
