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Deep Tide TechFlow News, March 27 — The Nasdaq 100 Index has entered a correction zone due to the continued decline in the stock prices of tech giants, which have led the stock market bull run over the past three years. The benchmark index, primarily composed of tech stocks, fell by 0.9%, making it 11% below its peak in October last year.
This is the first technical correction for the Nasdaq 100 since the stock market crash triggered by President Trump’s tariff policies in April 2025. The decline coincides with the Iran war, which has dampened investor confidence. Meanwhile, the massive investments by tech giants in artificial intelligence computing, and the prospects of when these investments will start to yield greater returns, are facing increasing skepticism. (Jin10)