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NASDAQ Composite Enters Correction Territory, 10% Off Recent High

EQUITIES

Underlines the underperformance of tech and growth stocks in the recent global equity weakness - NASDAQ Comp off 10% from the high printed in late November, therefore entering correction territory. In contrast, the DJIA is off 4.5% from the alltime high in early Jan, while the S&P500 is off 5.2% over the same period.

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