As of Monday’s close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs.As of Monday’s close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs.
The majority of the stocks in the S&P 500
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.
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 ModernaSuper Micro Computer, which have fallen 79% and 69% from their record highs, respectively.
