Bloomberg
Nasdaq 100 (NDX, NDQ, QQQ) Hits Third Correction of 2026 on Unwinding Tech Bets
Friday, October 30, 2026
The Nasdaq 100 Index fell into correction territory on sales of large technology stocks following earnings reports from major tech companies. A correction is defined as a decline of at least 10 percent from a recent peak. This marks the third such 10-percent-plus decline for the index in 2026.
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