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The Nasdaq is on track for a correction as the tariff-induced stock-market selloff continues. Watch these levels. - MarketWatch

1. The Nasdaq Composite is nearing correction territory with a 10% drop. 2. Aggressive tariffs from the U.S. raise fears of economic slowdown. 3. China retaliates with tariffs on U.S. farm exports. 4. The Nasdaq closed below its 200-day moving average. 5. Analyst warns ongoing corrections could provide long-term buying opportunities.

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FAQ

Why Bearish?

The Nasdaq Composite's impending correction indicates bearish market sentiment; similar corrections previously led to prolonged downturns.

How important is it?

Current events impact investor sentiment; ongoing trade tensions are crucial for tech stocks.

Why Short Term?

The volatility driven by tariff news suggests immediate market reactions, akin to past tariff-related selloffs.

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