The Nasdaq Composite Is Officially in Correction Territory: 3 Things You Need to Know

Since the start of 2019, record-closing highs for Wall Street's major indexes have become almost commonplace. With the exception of the five-week COVID-19 crash in February-March 2020 and the nine-month bear market in 2022, the bulls have ruled the roost. But this dynamic may be coming to an end.As of the closing bell on March 26, the tech-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) is officially in correction territory (down 10.7% from its all-time closing high). The iconic Dow Jones Industrial Average (DJINDICES: ^DJI) and benchmark S&P 500 (SNPINDEX: ^GSPC) are on its heels, with respective pullbacks of 8.4% and 7.1% from their record-closing highs.With volatility picking up on Wall Street, here are three things you should know about the Nasdaq Composite's correction.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool