Sentences with phrase «on correction territory»

Not exact matches

After two days of relative peace, investors theorized on what drove U.S. stocks into correction territory.

But since then, the Dow has rebounded from correction territory, entering Thursday's trading day on Wall Street on a four - session winning streak.

Apple shares are sitting in correction territory, but one technical analyst says the tech giant is ripe for a breakout when it reports earnings after the bell on Tuesday.

But as the rally fades and the Nasdaq falls into correction territory, the sector's drag on the broader market may become more pronounced.

But correction territory (an S&P drop of 10 to 20 percent) is probably on the horizon «before this sell - off is done,» said Sam Stovall, chief investment strategist at the investment research firm CFRA Research, in an email.

While US stocks were lower on Wednesday, the decline wasn't nearly as sharp as early February's market turmoil, when the Dow saw its biggest single - day drop in a day and the S&P 500 entered correction territory (a decline of at least 10 percent from its previous high).

The small - cap index Russell 2000 fell 1.2 % and officially entered correction territory, dropping more than 10 % since its peak on June 23.

Indices Remain Vulnerable After Entering Correction US futures are trading slightly in the green ahead of the open on Friday, a day after stock markets once again tumbled leaving indices in correction Correction US futures are trading slightly in the green ahead of the open on Friday, a day after stock markets once again tumbled leaving indices in correction correction territory.

As stocks make a comeback from a series of sell - offs earlier this year that dragged many of 2017's highest - flying equities into correction territory, one Wall Street vet indicates that the current rally, set to become the largest in history, is one to cash in on and not buy into, reported CNBC.

The market correction has made several stocks on my watch list dip into ridiculously cheap territory and I plan on initiating 1/4 to 1/2 positions later this week.

Both indices were down more than 10 percent from record highs they set on Jan. 26 and therefore in correction territory.

In fact, the Dow and S&P 500 has unraveled, retracing their steps right into correction territory on Thursday, defined as a decline of at least 10 % from their peaks, a mere two weeks following his comments.

The market correction has made several stocks on my watch list dip into ridiculously cheap territory and I plan on initiating 1/4 to 1/2 positions later this week.

As of today the S&P 500 has been on a nearly 30 - day slide, and the S&P TSX has hit correction territory, declining slightly more than 10 % since the start of September.