Is there any cause for concern that HALF of U.S. stocks are in a bear market? Or that doesn’t matter because this time is different?
The stock market has been patiently waiting for Amazon and other mega corporations to report their earnings in order to have an excuse to pump the market up further. Oddly, they disappointed, and the entire US market fell. This will obviously have an impact on global markets as they have been heavily reliant on good news out of the US to maintain some level of sanity. It seems like the madness will continue.
S&P 500 dips into correction territory, then rebounds in yet another wild day on Wall Street
Dow drops more than 200 points as weak tech earnings overshadow strong GDP report
Nearly half of the S&P 500 is in a bear market. Here’s where to hide out
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
^DJI 24,884.80 -99.75 -0.40% : DOW – Yahoo Finance
Amazon is set for a big drop at the open (AMZN) | Markets Insider
Tech-Sector Worries Weigh on Global Stocks – WSJ
Amazon shares sink 10 percent on growth worries | Reuters
Snap is set to plunge to a record low (SNAP) | Markets Insider
The hidden bear market: Most S&P 500 stocks are in “correction” – CBS News