By Brian M. Reiser There are many recent concerns about the coronavirus. Plus there’s worry about the Democratic primary. And an oil war with OPEC members. Stock markets have been tumbling. In fact, they have entered into correction territory. But what exactly is a stock market correction?
A stock market correction is any time that the stock market falls 10% from its most recent peak. For example, let’s say the Dow Jones today is at 29,000. But over the next few months it falls 11% to 25,810. This would be considered a stock market correction.
Now, a market correction doesn’t necessarily mean the market was “wrong” …read more