The Nasdaq ($IXIC) has entered correction territory, falling about 4% Thursday, more than 10% below its October 6 record high. A correction is a drop of 10% or more from a recent peak — this is the Nasdaq's second one this year. Chip stocks are leading the slide again, with $NVDA and $AMD down sharply on worries about data-center regulation and the payoff from heavy AI spending. $NBIS is falling with the group, with no company-specific news today. Corrections are normal, but they can be sharp. The S&P 500 ($SPX) is down about 2% and below its 100-day average. Not financial advice.
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