Stocks Slide: Understanding the Correction Mode
The S&P 500 has entered correction mode, sinking more than 10% below its recent peak. The Nasdaq and Russell 2000 are also facing ongoing declines. Despite a slight bounce attempt yesterday, stocks struggled to recover. Even a lower-than-expected core inflation report failed to spark a significant rally. Investors should brace for the possibility of continued market turbulence and reconsider their strategies as correction pressures mount.