The Nasdaq Crashed 700 Points in a Day Last Week. One Major Wall Street Firm is Predicting the Correction Will End After Midterms.

The Nasdaq just suffered a brutal selloff, plunging nearly 700 points in a single trading session as concerns about artificial intelligence spending rattled technology investors. But one major Wall Street firm believes the correction could end after the 2026 midterm…

Published October 26, 2026, 5:18pm ET · 1 min read

Nasdaq 700 Point Crash
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Eric Bleeker

Eric Bleeker, CFA has been investing for more than 20 years. He began his career working at Microsoft before joining Motley Fool, one of the largest publishers of financial research. In his 15 years at Motley Fool Eric served as the General Manager for Fool.com and led coverage in the Technology & Telecom sector. In addition, he was a featured columnist and has hosted dozens of investing seminars attended by more than a million total investors. Eric has more than 1,000 financial bylines to his name and has been featured in The Wall Street Journal, CNBC, Fox Business, and many other leading publications. He is currently focused on artificial intelligence investing and is a CFA Charterholoder.

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