The Nasdaq Composite Just Logged Its 66th Correction Since 1971
The Nasdaq Composite Just Logged Its 66th Correction Since 1971.
Here’s what history says happens next to the stock market.
The Nasdaq Composite Index has registered a correction 65 times (not including Wednesday’s) since it was launched in 1971, and of those corrections, 24 of them, or 37%, have resulted in bear markets, or declines of at least 20% from a recent peak.
Source: MarketWatch
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