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Benzinga
Benzinga
Business
Piero Cingari

Nasdaq 100 Enters Correction, SanDisk Sinks Over 50% From Peak: Stock Market Today

V TER ETF China Amkor Technology Inc Corning Inc Memory SanDisk Corp Seagate Technology Holdings PLC Transunion
Stock Market

The Nasdaq 100 officially slipped into correction territory on Tuesday, falling more than 10% from its early June record high as the AI-driven sell-off deepened on mounting concerns over rising competition from China.

The memory sector has been at the heart of July’s rout.

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