All major indices were again lower for the week as the market sell-off continues with the DJIA and S&P 500 getting closer to a year-to-date (YTD) market correction as they are now lower year-to-date (YTD) by 6.85% and 9.33% at 34,079.18 and 4,348.87 respectively. It is the NASDAQ Composite that has slipped further into correction territory as it is lower year-to-date (YTD) by 14.43% as it has slipped well below 14,000.00 at 13,548.06. It has been a moderately volatile year thus far as the volatility index (VIX) has been elevated to 27.75 which is year-to-date higher by 67.17%.
All major indices were again lower for the week as...
Updated: Mar 9, 2022
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