The Nasdaq Just Had Its Worst Day Since 2022. History Says the Stock Market Will Do This Next.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 28% last year as investors piled into technology stocks amid enthusiasm about artificial intelligence. The index continued to climb higher into February, but then reversed course as recession fears resurfaced and the Trump administration began imposing tariffs.The Nasdaq hit correction territory on March 6, meaning it had fallen more than 10% from its most recent bull-market high. And the losses continued to mount in the subsequent days. Most notably, the index tumbled 4% on March 10, its worst single-day performance since 2022.However, there is a silver lining. While the Nasdaq is now 12% below its record high, the technology-focused index has usually recovered quickly after entering correction territory. Here's what investors should know.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 28% last year as investors piled into technology stocks amid enthusiasm about artificial intelligence. The index continued to climb higher into February, but then reversed course as recession fears resurfaced and the Trump administration began imposing tariffs.
The Nasdaq hit correction territory on March 6, meaning it had fallen more than 10% from its most recent bull-market high. And the losses continued to mount in the subsequent days. Most notably, the index tumbled 4% on March 10, its worst single-day performance since 2022.
However, there is a silver lining. While the Nasdaq is now 12% below its record high, the technology-focused index has usually recovered quickly after entering correction territory. Here's what investors should know.
