Large U.S. tech stocks continue to decline, and the Nasdaq 100 index has entered a correction zone

According to Jinshi reports, on Friday, the Nasdaq 100 index entered a correction zone, with the stock prices of tech giants continuing to decline. The benchmark index fell by 0.9%, down 11% from its peak in October last year. This is the first technical correction of the Nasdaq 100 index since President Trump's tariff policy was implemented in April 2025. The decline of the index occurred as the Iran war dampened investor confidence, while the massive investments of tech giants in the field of artificial intelligence also faced scrutiny.