The trader works on the floor of the New York Stock Exchange (NYSE) at Opening Bell in New York City on March 10, 2025.
Charlie Tribrorow | AFP | Getty Images
The majority of the S&P 500 stock is already in the corrections area as the Wall Street sale keeps the benchmark closer to its key threshold.
As of the end of Monday, the 366 S&P 500 components or 73% had traded more than 10% of their respective 52-week highs, which have already undergone revisions. The total of 203 components are more than 20% below the 52-week high as of Monday. In other words, we are in the realm of the bare market.
The S&P 500 turns red again on Tuesday, falling about 9% below its 52-week high on February 19th. Market declines have accelerated as President Donald Trump’s aggressive tariffs slowed economic growth and feared a recession.
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S&P 500
Five of the 11 S&P 500 sectors are in the revision area. Consumer discretion, technology, communication services, materials, and energy.
The biggest laguards on the S&P 500 include drug maker Moderna and the highly volatile artificial intelligence play super microcomputer.
First Solar, Intel, Emphaze Energy, Dollar Tree, Estee Lauder and Tesla all have dropped by at least 50% from their recent peaks.
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