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- Mar 20 Officially in correction territory with Dow and NASDAQ lower by 10% from highs
Mar 20 Officially in correction territory with Dow and NASDAQ lower by 10% from highs
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Mukund Mohan
March 20, 2026
Market
“The impact of the war in Iran is being felt in every region now as gas prices and energy costs from LNG, LPG and CNG are all higher - close to 100% higher than a month ago” 🙃
A correction is 10% lower than the highs - which is where the indices are today, but most tech and SaaS stocks are way below those at over 30% lower for many mid-caps. Given the war, there seems to be no near term outlook for the market to recover.
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