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S&P 500 fell 3% since December 6, but market internals show deeper damage. Only 19% of S&P 500 stocks have risen since the market's peak, with most down 5% or more in that time.
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Show comments
Michelle Connell, CFA and owner of Portia Capital Management joined Yahoo Finance to analyze the latest market trends and where things may head as the summer carries on.
A stock market correction refers to a 10% pullback in the value of a stock index. [5] [6] Corrections end once stocks attain new highs. [7] Stock market corrections are typically measured retrospectively from recent highs to their lowest closing price. The recovery period can be measured from the lowest closing price to new highs, to recovery. [8]
"Coming Home" is a song co-written [3] and performed by American rhythm and blues singer Leon Bridges, issued as the first single from his debut studio album of the same name. The song peaked at number seven on the Billboard Triple A chart in 2015. [5] In 2022 the song was featured in a McDonald's advert. [6]
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
Image source: Getty Images. It's time for a rotation. This bull market isn't unique. It's typical for large caps to lead the early stages of a new rally, but bull markets tend to broaden over time ...
Coming Home" was released as the lead single from the album on February 3, 2015, by Columbia Records. [1] The song continued the success of the demo version and became a "Top 10 Most Viral Track" on Spotify, the same month as its release. [2] The album's second single, "Smooth Sailin' ", was released on June 2, 2015. [3]