NASDAQ 100 Enters Correction Phase with 10% Drop in Just 38 Trading Days

The NASDAQ 100 index has declined 10% from its peak in only 38 trading days, entering a technical correction. This rapid downturn contrasts sharply with the over-100-day duration of the previous March correction.

Woofun AI data shows that the NASDAQ 100 Index has entered a correction phase, defined as a decline of at least 10% from a recent peak. The index fell 1.6% on Tuesday, marking the completion of this 10% retracement in just 38 trading days. This speed stands in stark contrast to the previous correction in March, which required over 100 trading days to retrace 10% from its October 2025 high. Concerns regarding the ultimate returns on AI investments are cited as a factor dampening sentiment toward the tech giants driving the market.