The S&P 500 Just Hit Correction Territory. History Says the Stock Market Will Do This Next (Hint: It May Surprise You)
U.S. stocks have fallen sharply in recent weeks as the Trump administration began imposing tariffs on foreign trading partners. Investors unnerved by the potential consequences of the burgeoning trade war have rotated away from domestic equities, particularly those in the consumer discretionary and technology sectors.As of March 13, the benchmark S&P 500 (SNPINDEX: ^GSPC) has fallen over 10% from the record high it reached in February. That means the index has officially entered stock market correction territory. But the drawdown comes with a silver lining for investors: The S&P 500 has historically rebounded quickly.Here are the important details.Continue reading
U.S. stocks have fallen sharply in recent weeks as the Trump administration began imposing tariffs on foreign trading partners. Investors unnerved by the potential consequences of the burgeoning trade war have rotated away from domestic equities, particularly those in the consumer discretionary and technology sectors.
As of March 13, the benchmark S&P 500 (SNPINDEX: ^GSPC) has fallen over 10% from the record high it reached in February. That means the index has officially entered stock market correction territory. But the drawdown comes with a silver lining for investors: The S&P 500 has historically rebounded quickly.
Here are the important details.
