Liberty Posted October 24, 2018 Share Posted October 24, 2018 https://www.reuters.com/article/us-usa-stocks-underwater/inside-sp-500-most-stocks-in-correction-or-bear-market-idUSKCN1MX33D Interesting piece looking below the surface of the indexes. On the New York Stock Exchange, 1,256 stocks hit 52-week lows, with only 21 establishing new highs [...] About 353 S&P 500 stocks have fallen 10 percent or more from their 52-week highs. Of those, 179 stocks have fallen by 20 percent or more from their highs, establishing them in a bear market by many investors’ definitions. Apple Inc, whose $1 trillion market value makes it by far the most heavily weighted stock within the S&P 500, has fallen 4.6 percent from its October 3 record high. That has helped the S&P 500 itself remain out of correction territory. Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now