Amid rising oil prices, fading

Amid rising oil prices, fading hopes for a Middle East ceasefire, and shifting fundamental narratives for tech giants, the three major indices have all moved lower. $NASDAQ(.IXIC)$ , dragged down by tech stocks, has been the weakest and has officially entered a technical correction zone.

Nasdaq Enters Technical Correction: US Market Turns Bearish?

Compared to its all-time high on October 29, 2025, the Nasdaq has now declined by more than 10%, officially entering a technical correction zone. In addition, all of the Magnificent 7 are currently experiencing double-digit drawdowns. Some market participants believe it’s best to move to cash and wait for a deeper pullback. How do you view the Nasdaq entering a technical correction? Would you reduce your positions at this stage?

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