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  • A market correction is a drop of 10% or more from a recent peak. The Nasdaq has now fallen more than 10% below its October record high — officially in correction territory — after Thursday's 5.5% plunge. Corrections are a normal part of markets: prices pull back, fear rises, and long-term trends are tested. They are not the same as a bear market, which needs a 20%+ drop.

    Stay calm, stay informed.

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