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Nasdaq 100 is 6.52% below its high: has a 10% correction printed?

FROM THE WIRE · FINANCEFEEDS.COM

Nasdaq 100 closed Friday 6.52% under its October high. A 10% correction has not printed, because the week's damage sat in chips, not across the whole index.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe index decline is concentrated in chips, a key factor for traders of technology-heavy indices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nasdaq 100 closed Friday 6.52% below its October high.
  2. 02A 10% correction has not printed yet.
  3. 03The week's damage was concentrated in chips rather than across the whole index.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NASDAQ 100INDEX:NDXIndex29,187.55Market closedtoday -2.50%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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