The Nasdaq-100 has dropped 11.3% between June 2 and July 29, entering correction territory. According to CFRA Research, if this period marks the bottom, the index could recover its losses in two months, then gain an additional 6% the following month. In the event of a bear market, recovery would take 43 days, followed by an 11% rise over two months. S&P 500 growth has been trimmed from 18.0% to 13.6%, and 9 out of 11 sectors have seen their 2027 earnings estimates revised downward.
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