The Nasdaq ( ^IXIC -0.18%) has officially entered correction territory, falling by close to 13% since mid-February, as of this writing. Monday marked the index's worst single-day drop since 2022, as it plunged by 4% -- fueling concerns about a looming bear market or recession.

For growth investors who just aren’t satisfied with the technology exposure provided by the S&P 500, there’s the Invesco QQQ Trust (NASDAQ:QQQ). The QQQ is a popular option for young passive investors who believe in emerging tech themes and actively seek out more of an overweight position to the mega-cap innovators that have already led

The Invesco QQQ ETF, which tracks the Nasdaq 100 index, has crashed this year and moved into a correction after falling by over 12.8% from its highest level this year. It plunged to a low of $471, its lowest level since September last year.

The Nasdaq party has been going on for a couple of years, but it seems the club owner has turned on the lights, with the index heading into correction territory. A stock market correction happens when a major index falls between 10% and 20% of recent highs,