The U.S. stock market correction reflects a valuation correction and worsening non-fundamentals
2025-11-07 04:18:38
US equities continued to come under pressure this week as investors questioned the sustainability of high valuations for tech stocks. Ahmad Assiri, research strategist at Pepperstone, said the correction was not a structural collapse but a reality check. He pointed out that the Nasdaq's roughly 2 per cent decline reflected more a reaction to market valuations than deteriorating fundamentals, and the absence of a significant surge in the VIX index further supported this view. (Golden Ten)
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