Nasdaq 100 Sinks Into Correction as Big Tech Stocks Keep Falling

The Nasdaq 100 fell into correction territory on Friday — signaling at least a 10% decline from recent highs — amid a deepening slump in mega-cap technology shares that have driven the past three-year bull market. The move marks a clear risk-off shift and heightened volatility that should pressure tech-heavy portfolios and index-linked strategies.

Analysis

The Nasdaq 100 fell into correction territory on Friday — signaling at least a 10% decline from recent highs — amid a deepening slump in mega-cap technology shares that have driven the past three-year bull market. The move marks a clear risk-off shift and heightened volatility that should pressure tech-heavy portfolios and index-linked strategies.