A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025.
Charly Triballeau | AFP | Getty images
The majority of the shares in the S&P 500 are already in a correction area while the sale on Wall Street continues to drag the benchmark closer to that key threshold.
From the end of Monday, 366 S&P 500 components or 73% acted 10% or more under their respective 52 weeks of highs, which means that they have already had a correction. A total of 203 components closed more than 20% below 52 weeks from Monday, which means that they are on the territory of Bear Market.
The S&P 500 is back in the Red on Tuesday, is about 9% below 52 weeks of high reached on February 19. The fall in the market accelerated last week when President Donald Trump’s aggressive rates foresaw economic growth and even a recession.
S&P 500
Five of the 11 S&P 500 sectors are in correction area – consumer discretionary, technology, communication services, materials and energy.
The biggest leftovers in the S&P 500 include drug maker Modernica And the very volatile artificial intelligence plays super micro computer, which has fallen 79% and 69% respectively from their record heights.
First solar energy” Intel” Enphase Energy” Dollar tree” Estee Lauder And Tesla have all dropped at least 50% compared to their recent peaks.