Most of the S&P 500 is already in correction territory as benchmark teeters near milestone
From CNBC: 2025-03-11 10:18:00
The majority of S&P 500 stocks are in correction territory, with 73% trading 10% or more below their 52-week highs, and 203 components down over 20%. The market decline is fueled by Trump’s tariffs, pushing the S&P 500 to sit 9% below its recent high. Five sectors are in correction territory, with Moderna and Super Micro Computer leading the losses, down 79% and 69% from their highs. Other companies like First Solar, Intel, Enphase Energy, Dollar Tree, Estee Lauder, and Tesla have also declined significantly.
Read more: Most of the S&P 500 is already in correction territory as benchmark teeters near milestone