A Staggering 84% of S&P 500 Stocks Are Now in Correction Territory, and History Says This Foreshadows Disaster for Wall Street
The artificial intelligence (AI) infrastructure build-out has propelled the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite to record highs. Despite the benchmark S&P 500 romping to an all-time high, 84% of its components are in official correction territory -- down at least 10%.