The Nasdaq Composite just logged its 66th correction since 1971--here's what history says happens next in the stock market

46
Comment
2

The Nasdaq Composite just logged its 66th correction since 1971--here's what history says happens next in the stock market

MarketWatch2022-01-20

The Nasdaq Composite Index on Wednesday booked its first close in correction territory since March with a rapid surge in Treasury yields, and expectations for interest-rate increases from the Federal ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

PearlynCSY
·2022-01-21
The Nasdaq Composite ended the session down 1.3% at 14,154.02 after giving up a 2.1% gain from earlier in the day. The Nasdaq, which is home to many of the market’s biggest tech names, ended Wednesday more than 10% below a record set in November, indicating a technical correction. And the DJIA 30-stock average closed below its 200-day moving average for the first time since December 2021.
Reply
1
Report
ppyys
·2022-01-20
Comment and like
Reply
1
Report
miaomee
·2022-01-20
Happy
Reply
3
Report
Myname
·2022-01-20
🤔
Reply
5
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2204696066?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-20 21:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2204696066","market":"us","top_or_hot":-1,"title":"The Nasdaq Composite just logged its 66th correction since 1971--here's what history says happens next in the stock market","media":"MarketWatch","content":"<div>\n<p>The Nasdaq Composite Index on Wednesday booked its first close in correction territory since March with a rapid surge in Treasury yields, and expectations for interest-rate increases from the Federal ...</p>\n\n<a href=\"https://www.marketwatch.com/story/nasdaq-composite-has-logged-65-corrections-since-1971-and-as-it-heads-for-66-heres-how-the-stock-index-tends-to-perform-afterward-11642623639?mod=home-page\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq Composite just logged its 66th correction since 1971--here's what history says happens next in the stock market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq Composite just logged its 66th correction since 1971--here's what history says happens next in the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-20 21:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/nasdaq-composite-has-logged-65-corrections-since-1971-and-as-it-heads-for-66-heres-how-the-stock-index-tends-to-perform-afterward-11642623639?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Nasdaq Composite Index on Wednesday booked its first close in correction territory since March with a rapid surge in Treasury yields, and expectations for interest-rate increases from the Federal ...</p>\n\n<a href=\"https://www.marketwatch.com/story/nasdaq-composite-has-logged-65-corrections-since-1971-and-as-it-heads-for-66-heres-how-the-stock-index-tends-to-perform-afterward-11642623639?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.marketwatch.com/story/nasdaq-composite-has-logged-65-corrections-since-1971-and-as-it-heads-for-66-heres-how-the-stock-index-tends-to-perform-afterward-11642623639?mod=home-page","article_id":"2204696066","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2204696066","pubTimestamp":1642686707,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"The Nasdaq Composite Index on Wednesday booked its first close in correction territory since March w","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"translate_title":"纳斯达克综合指数刚刚记录了自1971年以来的第66次回调--以下是历史所说的股市接下来会发生什么","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NQmain":1,".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"The Nasdaq Composite Index on Wednesday booked its first close in correction territory since March with a rapid surge in Treasury yields, and expectations for interest-rate increases from the Federal Reserve blamed for the weakness in the once-highflying benchmark.The technology-heavy index is off to a terrible start, down 8.3% so far in 2022, closing out Wednesday down 1.2% at 14,340.26, putting it down 10.69% below its Nov. 19 record peak, and meeting the common definition for a correction in an asset's value.The benchmark also finished below its 200-day moving average for the first time since April of 2020 on Tuesday.The index has registered a correction, as defined, 65 times (not including Wednesday's) since it was first 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.More recently, corrections have served as buying opportunities, with the sojourn into correction on March 8 resulting in subsequent gains for the one-week, two-week, three week, one-month, periods, going all the way out to six months. A similar uptrend took hold when the Nasdaq Composite slipped into correction territory in early September of 2020.Dow Jones Market DataLooking more broadly at the performance of the Nasdaq Composite over the past 65 times it has fallen 10% from a peak, it has finished positive on average, up 0.8%, in the week after, but returns over that first month are weak, until the benchmark breaks through into the three-month period and beyond, where average gains are 2.2%.Dow Jones Market DataU.S. stocks have been falling since the start of the year, with the Dow Jones Industrial Average  and the S&P 500 index  all down sharply in the month to date, as Treasury yields rise in anticipation of the Federal Reserve tightening monetary policy this year. The rate-setting Federal Open Market Committee next meets on Jan. 25-26 and is likely to set the stage for a series of rate increases, and policy tightenings as it combats inflation.With the policy meeting looming, the yield on the 10-year Treasury note was trading around 1.83% on Wednesday, while the 2-year Treasury note, which is more sensitive to Fed policy expectations, also has been on the ascent.Rising yields are weighing on yield-sensitive tech stocks and growth themed areas of the market as a rapid rise in interest rates makes their future cash flows less valuable, and in turn makes the popular stocks appear overvalued, and that is causing a broad recalibration of tech and tech-related shares that populate the Nasdaq.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9007091346,"gmtCreate":1642718810833,"gmtModify":1676533738383,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"The Nasdaq Composite ended the session down 1.3% at 14,154.02 after giving up a 2.1% gain from earlier in the day. The Nasdaq, which is home to many of the market’s biggest tech names, ended Wednesday more than 10% below a record set in November, indicating a technical correction. And the DJIA 30-stock average closed below its 200-day moving average for the first time since December 2021.","listText":"The Nasdaq Composite ended the session down 1.3% at 14,154.02 after giving up a 2.1% gain from earlier in the day. The Nasdaq, which is home to many of the market’s biggest tech names, ended Wednesday more than 10% below a record set in November, indicating a technical correction. And the DJIA 30-stock average closed below its 200-day moving average for the first time since December 2021.","text":"The Nasdaq Composite ended the session down 1.3% at 14,154.02 after giving up a 2.1% gain from earlier in the day. The Nasdaq, which is home to many of the market’s biggest tech names, ended Wednesday more than 10% below a record set in November, indicating a technical correction. And the DJIA 30-stock average closed below its 200-day moving average for the first time since December 2021.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007091346","repostId":2204696066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004760387,"gmtCreate":1642692055354,"gmtModify":1676533736449,"author":{"id":"3581756384979769","authorId":"3581756384979769","name":"ppyys","avatar":"https://static.tigerbbs.com/610302822a164d13f68b36645cef259a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004760387","repostId":2204696066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004794906,"gmtCreate":1642687466106,"gmtModify":1676533735448,"author":{"id":"3569375896365334","authorId":"3569375896365334","name":"miaomee","avatar":"https://static.tigerbbs.com/fd309d5a46384576888494b61b0e5953","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Happy","listText":"Happy","text":"Happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004794906","repostId":2204696066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004796881,"gmtCreate":1642686854559,"gmtModify":1676533735376,"author":{"id":"3575455489344050","authorId":"3575455489344050","name":"Myname","avatar":"https://static.tigerbbs.com/3fff4aa421deeb7a8d801ab27a14a82f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"🤔&nbsp;","listText":"🤔&nbsp;","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004796881","repostId":2204696066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":46,"commentSize":0,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}