The Data Point: What’s a stock market correction?

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

The stock market has been bumpy in January, causing Google searches to spike for the term “market correction.” So what is a market correction, and is it the same as a market crash?

So what is a market correction, and is it the same as a market crash?

A correction is not the same thing as a crash, which is a sudden, steep drop in prices. Although it’s possible for prices to crash into correction territory. Index values can swing throughout the day, so an index isn’t considered “in a correction” unless its final closing value for the day is below the 10 percent threshold. This is why the market isn’t yet in a correction, even though the S&P 500 dipped below the level briefly Monday before rebounding.Oil prices fell into correction territory in 2018

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why are you not mentioning the current correction in the NASDAQ.?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines