Alva Review-Courier -

Markets Q&A: Stocks slide into another 'correction'


November 23, 2018

For the second time this year, stocks have gone into what's known on Wall Street as a correction — a drop of 10 percent or more from a recent high.

As of Friday's close, the benchmark S&P 500 index has dropped 298 points, or 10.2 percent, since reaching a record high on Sept. 20. After a furious decline in October, stocks steadied in early November, but the selling picked up again the past two weeks as investors abandoned high-flying technology stocks amid concerns about the U.S.-China trade dispute and global economic growth and bailed on energy stocks as the price of oil plunged.

The Na...

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