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,

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.

Lets see why these funds could be top picks after recent weakness. The post Buy Betashares Nasdaq 100 ETF and these ASX ETFs after the market selloff appeared first on The Motley Fool Australia.

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.