Most of the S&P 500 is already in correction territory as benchmark teeters near milestone

Most of the S&P 500 is already in correction territory as benchmark teeters near milestone


A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. 
Charly Triballeau | Afp | Getty Images

The majority of the stocks in the S&P 500 are already in correction territory as the sell-off on Wall Street continues to drag the benchmark closer to that key threshold.

As of Monday’s close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs, which means they have already suffered a correction. A total of 203 components closed more than 20% below 52-week highs as of Monday, meaning they are in bear market territory.

The S&P 500 is in the red again Tuesday, sitting about 9% below its 52-week high reached on Feb. 19. The market decline accelerated in the past week as President Donald Trump’s aggressive tariffs stoke fears of slowing economic growth and even a recession.

Stock Chart IconStock chart icon

hide content
S&P 500

Five out of 11 S&P 500 sectors are in correction territory – consumer discretionary, tech, communication services, materials and energy.

The biggest laggards in the S&P 500 include drug maker Moderna and the highly volatile artificial intelligence play Super Micro Computer, which have fallen 79% and 69% from their record highs, respectively.

First Solar, Intel, Enphase Energy, Dollar Tree, Estee Lauder and Tesla have all declined at least 50% from their recent peaks.



Source

Stocks making the biggest moves after hours: Nvidia, Snowflake, CrowdStrike and more
Finance

Stocks making the biggest moves after hours: Nvidia, Snowflake, CrowdStrike and more

Check out the companies making headlines in after-hours trading. Nvidia – Shares of the chip giant fell more than 3%. The company’s second-quarter results beat on the top and bottom lines, posting adjusted earnings of $1.05 per share and $46.74 billion in revenue. That’s compared with the $1.01 per share and $46.06 billion, respectively, that […]

Read More
Stocks making the biggest moves midday: Paramount Skydance, Krispy Kreme, Kohl’s, Nvidia and more
Finance

Stocks making the biggest moves midday: Paramount Skydance, Krispy Kreme, Kohl’s, Nvidia and more

Check out the companies making the biggest moves midday: Paramount Skydance — The media stock lost more than 5%, marking its fourth straight day of losses, as the parent company of CBS continued to give back some of its sharp August gains. J.M. Smucker — The maker of Cafe Bustelo coffee and Jif peanut butter […]

Read More
Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods
Finance

Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods

Key Points Some affluent consumers are planning trips to Europe to buy luxury goods, with the goal of bringing them back tariff-free. Watchmakers in Switzerland and fashion boutiques in France and Italy are among the most sought after, travel advisors said. There are caveats to the strategy, experts said. For one: Travelers are supposed to […]

Read More