Travis Hoium
๐ค SpeakerAppearances Over Time
Podcast Appearances
NASDAQ is officially in correction territory.
So where are we doing now?
Motley Fool Money starts now.
From Fool Global Headquarters, this is Motley Fool Money.
Welcome to Motley Fool Money.
I'm Travis Hoyum, joined today by Lou Whiteman and Andy Cross.
And guys, as of early Friday, the Nasdaq is down 12% from its all-time high.
That actually happened in October, but the drop over the past couple of weeks has been pretty notable.
Now, that means we're in correction territory.
20% would be a bear market, I believe, if I'm getting my definitions correct.
This is partly about Iran and oil prices, but it's also partly about questions about AI, lots of things going on.
So Andy, when you look at this market overall, what do you think the market is seeing to have these big negative days?
We're down 1.2% early in trading on Friday.
Yesterday was a big down day.
We're not getting earnings.
So what's on the top of mind for investors?
So I want to put some numbers to that.
The NASDAQ composite year to date is down 8.9% as we're recording.
The S&P 500 is down 6.1%.
Is that part of that energy increase?