NASDAQ-100 APPROACHES CORRECTION AS SEMICONDUCTOR STOCKS FALL

The Nasdaq-100 Index is approaching correction territory as semiconductor stocks decline, according to market reports. The index had recently helped drive the S&P 500 and Nasdaq Composite to record highs, but technology stocks have since weakened.

Investor concerns about artificial intelligence investment returns have contributed to the shift in sentiment, with technology giants that led the year's market advance now facing selling pressure.