Nasdaq Correction due to Tariff-Induced Selloff
The Nasdaq Composite flirted with correction territory due to a stock market selloff driven by fears of President Trump's tariffs impacting economic growth. The index was up 0.4% after hitting a session low, with a close below a certain level confirming a correction.
Key Points
- Nasdaq Composite flirted with correction territory
- Selloff driven by fears of President Trump's tariffs
- Close below a certain level would confirm a correction