In particular, the tech-heavy Nasdaq Composite has suffered a rough start to the year. As of this writing, the index has dropped about 3.8% year to date and about 7.5% off its all-time high. That means the index is approaching a technical correction -- a drawdown of 10% from recent highs.
For the better part of the last 2.5 years, optimists have ruled the roost on Wall Street, with all three major stock indexes -- the Dow Jones Industrial Average ( ^DJI 0.52%), S&P 500 ( ^GSPC 0.55%), and Nasdaq Composite ( ^IXIC 0.70%) -- climbing to fresh record-closing highs.
A double-digit percentage decline in Wall Street's highest-flying stock index spells opportunity for value-oriented investors.
The markets have a lot to process after what's been a tumultuous week, and stocks are moving with a lack of conviction. All three of the major stock market averages, including the Nasdaq Composite, Dow Jones Industrial Average and S&P 500,
The markets remain volatile, taking investors on yet another roller coaster ride. All three of the major stock market indices, including the Nasdaq Composite, Dow Jones Industrial Average and S&P 500,
The NYSE and Cboe have both made similar announcements in recent months, as US exchanges look to enable greater global trading.
The markets started off skittish due to the tariff effect and an expectation for lower profits out of Corporate America. The three major stock market indices have been meandering between positive and negative territory but have most recently turned decidedly positive,
The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of such levies.
Stock-market declines Tuesday put the Nasdaq Composite on pace to close in correction territory, while the S&P 500 wiped out its post-Election Day gains. The tech-heavy Nasdaq recently traded down more than 10% from its December closing high,
Tariff jitters and renewed worries about artificial-intelligence spending knocked the Nasdaq into a correction Thursday, while the S&P 500 broke through a key technical support level.
Wall Street’s sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy fell sharply. The S&P 500 tumbled 1.