Markets

S&P 500 Confirms a Correction

The stock market is like teeth, most folks ignore them until they start aching.
No items found.

5 Minutes of Fresh Perspective

Reading the daily news doesn't have to suck. Get the email that will make you laugh and keep you informed...for free!
S&P 500 Confirms a Correction

The S&P 500 index is facing a correction for the first time since 2020. The correction is a term for marking a decline of 10% or more from a recent high mark. The most recent high was January 3rd and as of Tuesday's closing, the index was down 10.25%.

Cause or cure? A contributing factor to the drop could be attributed to rising interest rates. High interest rates tend to weigh on shares of high-growth companies by eroding the value of future earnings more than the value of earnings made in the short term.

Telling it like it is - The stock market is like teeth, most folks ignore them until they start aching.

Check out more!

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.