TechFlow News, March 27: The Nasdaq-100 Index entered correction territory amid continued declines in the share prices of major technology companies—firms that have spearheaded the stock market’s bull run over the past three years. The tech-heavy benchmark index fell 0.9%, bringing it 11% below its peak in October last year.
This marks the Nasdaq-100 Index’s first technical correction since the U.S. stock market plunged in April 2025 following President Trump’s imposition of tariffs. The index’s decline coincides with investor confidence being undermined by the Iran war, while growing skepticism mounts over tech giants’ massive investments in AI computing—and when, or whether, those investments will begin yielding significantly greater returns. (Jinshi)
