US STOCKS-Nasdaq on track for correction, falls 10% below record closing high
- Country:
- United States
The Nasdaq index tumbled on Wednesday, on track to confirm a correction as it briefly shed more than 10% from its record closing high on Nov. 19.
The tech-heavy index was last down 0.4% at 11:14 a.m. EST (1614 GMT). A correction is confirmed when an index closes 10% or more lower than its record closing level.
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(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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