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A correction in the financial market refers to a short-term decline in asset prices, typically defined as a drop of 10% or more from recent highs. Corrections are often seen as a natural part of market cycles, allowing for price adjustments and helping to prevent bubbles. They can be triggered by various factors, such as economic data releases, changes in interest rates, or geopolitical events. While corrections can induce fear among investors, they also present potential buying opportunities for those looking to invest in undervalued assets.

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3w ago

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