Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the most popular stocks — or the broader market — is …
Read More »The Tell: Award-winning forecaster says U.S. economy might not heal by next year, putting stocks at risk of correction
The U.S. economy might not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the U.S. economy …
Read More »Market Extra: Dow, S&P 500 enter correction territory as stock-market selloff rolls on for 6th straight day
Major U.S. stock indexes were poised to enter a full-blown market correction Thursday if they maintain early losses until the closing bell. The Dow Jones Industrial Average DJIA, -2.46% tumbled more than 600 points and was off 610 points, or 2.3%, near 26,348. A close below 26,596.28 for the blue-chip …
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