90% into correction zone

Nasdaq Falls Below 21,000: Is a Bear Market Coming?

The Nasdaq Composite dropped on Friday to 20,948, down 2.15%, with the 21,000 psychological level breached intraday.The broad weakness in mega-cap tech stocks has been the main driver of this correction. Concerns over AI valuation bubbles, combined with uncertainty around tariff policies, have created a dual headwind for the market. From a technical perspective, the short-term trend remains bearish.

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