Stock Futures Rise After Big Selloff. Correction oregon Bear Market?
Stock futures were rising aboriginal Tuesday aft starting the week with a large retreat.
On Monday, the S&P 500 suffered its worst nonaccomplishment of the twelvemonth and the technology-heavy Nasdaq experienced its largest one-day diminution since September 2022. The question is whether this is simply a short-term setback from which stocks tin retrieve oregon the commencement of a bigger slump.
A short-lived diminution of astir 10% from the peak–which the S&P past deed connected Feb. 19–is known arsenic a correction and is usually seen arsenic a buying opportunity. A diminution of 20% oregon much is known arsenic a carnivore market, and tends to instrumentality a batch longer to retrieve from.