That puts the Dow at 15,885 (as of closing on January 25), or 13.4 percent below its 52 - week high of 18,351 — clearly in
the midst of a market correction (defined as a reversal of at least 10 percent).
We're still in
the midst of a market correction that began in late January.
Not exact matches
The US equity
markets are in the
midst of a
correction, consolidation, pullback or whatever other euphemism can be used to describe the recent modest decline in equity prices.
While it may be easy to determine that one does not want or need bonds in the
midst of a rampant bull stock
market run, the next sharp equity
correction may determine whether you are correct in that assessment or not.
A few weeks ago I wrote an article called «The Return
of Volatility» in the
midst of the February stock
market correction.
In the
midst of early February's
market turmoil that saw the Dow Jones Industrial Average decline by 1,175 points — its largest point drop in one day ever — and the S&P 500 enter
correction territory (a decline
of 10 percent or more from its previous high), a handful
of investment products fell, essentially, to zero.
It remains to be seen whether the
market is in the
midst of a garden - variety 10 %
correction or if this is the start
of a deeper bear
market.
The US equity
markets are in the
midst of a
correction, consolidation, pullback or whatever other euphemism can be used to describe the recent modest decline in equity prices.