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The Nasdaq confirms a pullback, with a decline of over 2%, still affected by the war.
According to Mars Finance, data from Gate’s market shows that on Thursday, U.S. stocks fell sharply, with the Nasdaq Composite Index dropping over 2%, down nearly 11% from its peak on October 29 of last year, confirming entry into a correction zone. On that day, the Nasdaq and S&P 500 Index recorded their largest single-day declines since January 20. U.S. stock futures narrowed their losses after the close, as Trump announced a temporary halt to attacks on Iranian energy facilities until April 6. Ryan Detrick, chief market strategist at Carson Group, stated that the war has had a significant psychological impact on investors, and the movements in the Nasdaq confirm that the overall weakness is still ongoing.