Nasdaq Stock Market Correction: Is Nvidia a Screaming Buy Right Now?

In just a matter of weeks, tech stocks have gone from stretching to all-time highs to plunging on concerns around tariffs and even a recession.As of March 11, the Nasdaq Composite (NASDAQINDEX: ^IXIC) has fallen 13.6% from its closing peak on Dec. 17, 2024. The tech-heavy index was hovering around all-time highs as recently as Feb. 19. In Wall Street terms, the Nasdaq is now in a correction, defined as a decline of 10% or more from a recent closing peak.Understandably, investors were spooked by weakening consumer sentiment reports, chaos surrounding the on-again, off-again tariffs U.S. President Donald Trump has rolled out, and news that key economic bellwethers like Delta Air Lines and other airlines have cut their guidance for the first quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool