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A drop of at least 10% in a market index or stock price from its recent peak.
Corrections are viewed as normal interruptions to longer upward trends. They allow markets to absorb gains before resuming a climb or deepening into a bear market.
MIT engineers have developed FLEX, an AI platform that lets robots interpret deeper meanings and unstated preferences from natural language commands.
The Nasdaq fell over 5% on Thursday, marking an 11% drop from its peak. History shows short-term drops often precede a recovery, though election fallout looms.
