Nasdaq Composite has logged 65 corrections since 1971, and as it heads for 66, here’s how the stock index tends to perform afterward
January 19, 2022 at 15:20 PM EST
The yield-sensitive Nasdaq Composite Index is in jeopardy of its first close in correction territory since March and a rapid surge in yields, and expectations for further interest-rate increases, have been blamed for the weakness in the once-highflying benchmark.