Wednesday, January 19, 2022

Market in Correction!

 A 10 percent drop in any market means that market is in a correction. A drop of 20 percent is normally defined as a bear market. 

The Dow Jones Industrial Average (DJIA) is down 5.25% from its high in early January.

IWM, which tracks the Russell 2000, is down 16.5% since it's high in 2021.

The NASDAQ 100 is down 15% since its high in November 2021.

The S&P 500 index is down 5.87%.

The drop in prices have been strongest in tech and small caps, with larger cap stocks not reaching correction status quite yet. 

S&P 500 from Jan 2021

No comments:

Post a Comment

Thanks for the comment. Will get back to you as soon as convenient, if necessary.

Top Five Consumer Cyber Security FAQs

By Equifax Business, technology, environmental and economic changes are a part of life, and they are coming faster all the time. All of thes...