Nasdaq 100 Index Declines 10% From All-Time High, Approaching Correction Threshold

The Nasdaq 100 has fallen 10% from its peak, marking a significant drawdown that positions the benchmark index to potentially enter a formal correction phase.

Woofun AI data shows that the Nasdaq 100 index has retreated 10% from its all-time high as of July 28th. This magnitude of decline places the index on the verge of entering a technical correction.