Analyzing The Market Correction

Published Friday, October 26, 2018 at: 7:00 AM EDT

The Standard & Poor's 500 index fell into correction territory Friday — dropping more than 10% since hitting its all-time high — and closed the week at 2,658.69.The total return on the S&P 500 in the third quarter of 2018 was a strong 7.7%, but volatility since lopped off 9% of its value from its all-time closing high. Share prices had hit a closing peak on September 20 of 2930.75 before tumbling to a 2629.18 low on Friday morning, meeting the definition of a market correction. Market corrections of 10% or even 15% on swings in investor sentiment are not uncommon events...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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