Big up days are gone as corrections hit half of S&P 500 stocks - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Big up days are gone as corrections hit half of S&P 500 stocks

Big rallies are a thing of the past. The S&P 500 has gone 34 days without rising 1% in any of them, the longest in 20 months. And the pool of companies feeling significant price pressure keeps expanding. More than half the index’s members have suffered peak-to-trough declines of at least 10% since May, data compiled by Morgan Stanley show.

from Stocks-Markets-Economic Times
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