The Nasdaq 100 Is Now Officially in a Correction
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The post The Nasdaq 100 Is Now Officially in a Correction appeared first on 24/7 Wall St..
The Nasdaq 100 opened Monday, November 2, 2026, with a rally, with the major indexes up more than 1.1% at their highs. By the close, it had fallen more than 750 points from its intraday peak and finished down 1.39% at 27,989.82.
That close is 10.4% below the record close of 31,224.47 set on October 6. By convention, a correction means a close at least 10% below a record close. That line was 28,102.02, and
The Nasdaq 100 opened Monday, November 2, 2026, with a rally, with the major indexes up more than 1.1% at their highs. By the close, it had fallen more than 750 points from its intraday peak and finished down 1.39% at 27,989.82.
That close is 10.4% below the record close of 31,224.47 set on October 6. By convention, a correction means a close at least 10% below a record close. That line was 28,102.02, and
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