In just 38 trading days, the Nasdaq 100 index fell 10% from its high point into a pullback.

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ME News: On July 28 (UTC+8), the Nasdaq 100 Index is set to enter a correction phase. Concerns about the final returns on AI investment are weakening market sentiment toward the tech giants that have been driving this year’s stock market gains. On Tuesday, the Nasdaq 100 Index fell 1.6% and is expected to enter a correction at market close (typically meaning a pullback of at least 10% from a peak). The index dropped to this technical threshold in just 38 trading days, contrasting sharply with this year’s prior pullback before March, when it took more than 100 trading days to fall 10% from the high in October 2025. (Jin10) (Source: ODAY)
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