The Nasdaq, along with the S&P 500 and the Dow Jones Industrial Average, roared higher over the past two years, delivering double-digit annual gains. And the momentum continued into this year as investors piled into high-growth companies involved in hot technologies such as artificial intelligence and quantum computing -- until recently.

Heard of a stock-market correction, but not quite sure what it means? We’ll help you understand what investors are talking about.

The NASDAQ index has officially moved into correction territory. That means a drop of more than 10% from its most recent high in December 2024. The NASDAQ is the home of many of the best-performing technology stocks of the last two years.