Nasdaq Correction Deepens Amid ECB Inflation Warnings and Geopolitical Risk
The Nasdaq officially entered correction territory with a 2.38% decline on March 26, driven by ECB President Christine Lagarde's warnings about inflation risks and potential rate hikes. Geopolitical tensions involving Iran are amplifying market volatility and risk-off sentiment across equity markets.
The confluence of renewed inflation concerns and geopolitical instability signals a potential shift from the recent risk-on environment, forcing reassessment of growth valuations.
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