S&P 500 hits correction territory as Wall Street woes deepen
The S&P 500 index sunk into correction territory Thursday, falling 10 percent in less than a month from a record high. The S&P was down 1.4 percent shortly before 1:30 EST, falling to just more than 5,512. That level is roughly 10 percent below the key index's most recent record high of 6,144.15, which was...
The S&P 500 index sunk into correction territory Thursday, falling 10 percent in less than a month from a record high.
The S&P was down 1.4 percent shortly before 1:30 EST, falling to just more than 5,512. That level is roughly 10 percent below the key index's most recent record high of 6,144.15, which was set Feb. 19.
The Dow Jones Industrial Average was down 1.4 percent and the Nasdaq composite was down 2 percent.
Thursday brought yet another day of steep losses for the stock market amid mounting concerns over the state of the economy and the potential impact of President Trump's trade agenda.
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