Macro Finance
Nasdaq 100 (NDX, NDQ, QQQ) Hits Third Correction of 2026 on Unwinding Tech Bets
Bloomberg Markets·October 30, 2026·1 min read
Investors dumped big tech stocks following a slew of disappointing earnings, putting the Nasdaq 100 Index on course to enter its third technical correction of the year. The selloff underscores growing concerns about valuations and the sustainability of the AI-driven rally that had propelled the index to record highs.
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