The stock market has been a little bit crazy the past couple of weeks. There has been a lot of volatility (rapid ups and downs) and many indexes and individual stocks are seeing losses. As I’m writing this, the Nasdaq 100 (an index made up of the 100 largest U.S. stocks) is down 15% since January 1st. Small-cap stocks are down around 14% as well. What’s really causing people to worry is that many of the popular, large tech stocks that everyone has bought the past few years have been plummeting. Just this year:
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Market Corrections
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The stock market has been a little bit crazy the past couple of weeks. There has been a lot of volatility (rapid ups and downs) and many indexes and individual stocks are seeing losses. As I’m writing this, the Nasdaq 100 (an index made up of the 100 largest U.S. stocks) is down 15% since January 1st. Small-cap stocks are down around 14% as well. What’s really causing people to worry is that many of the popular, large tech stocks that everyone has bought the past few years have been plummeting. Just this year: