The S&P 500 nears correction territory as nearly three-quarters of its components are already down at least 10% from their 52-week highs, according to CNBC.
Category
๐
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02S&P 500 nears correction territory as nearly three-quarters of its components
00:06are already down at least 10% from their 52-week highs, according to CNBC.
00:10Over 200 stocks have dropped more than 20% as of Monday's close, entering bear market territory.
00:15Moderna and Supermicrocomputer are among the worst performing S&P 500 stocks,
00:20experiencing sharp declines from their record highs.
00:23The S&P 500 sectors in correction territory are consumer discretionary, tech,
00:28communication services, materials, and energy.