Heavy losses for tech stocks had the Nasdaq Composite flirting with a correction, defined as a 10% drop from a recent high, as major indexes renewed a slide tied to economic jitters.

A stock market correction is generally defined as a drop of 10% from recent highs, and the tech-heavy Nasdaq Composite just got there. The Nasdaq has been the best performing major market index for the past two years but has not exactly started 2025 on a high note.

Marvell’s latest earnings beat Wall Street’s estimates, but the company’s outlook was roughly in line with expectations.

Wall Street's sell-off kicked back into gear after tariff whiplash and falling AI stocks dragged the market lower.

Major U.S. stock indexes declined sharply on Thursday with investors concerned about the impact President Donald Trump's trade policy may have on companies and the broader economy, while Marvell Technology's revenue forecast sparked concerns about spending on artificial intelligence infrastructure.