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Nasdaq Composite confirms correction as war worries weigh

ReutersMar 26, 2026 8:06 PM

March 26 (Reuters) - The Nasdaq Composite .IXIC dropped 2.4% on Thursday, leaving the tech-heavy index down nearly 11% from its record high close on October 29 and confirming it has been in a correction since then.

In a broad Wall Street selloff fueled by uncertainty about the U.S. and Israeli war with Iran, the Nasdaq in recent days has suffered its worst selloff since April 2025, when U.S. President Donald Trump's "Liberation Day" global tariff announcement sent global markets into a tailspin.

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