● Nasdaq Confirms Correction on Tech Selloff

The Nasdaq Composite dropped 5.3% intraday on Thursday, pushing it more than 10% below its October record and confirming a technical correction, according to CNBC data cited by StockTitan. The S&P 500 fell a milder 4% in the same session, as chip and AI-linked stocks led the broader tech-heavy decline. $QQQ tracks the Nasdaq 100 and moved in step with the rout.