Two Indexes Slid Into Correction Territory Last Week. What To Know About Stock Market Declines
Last week, two major indexes dropped to levels more than 10% below their most recent peak, sliding into what analysts call "correction territory." On March 8, the Nasdaq Composite Index dropped 2.4% to 12609.16, leaving the benchmark down 11.9% from its Feb. 12 peak of 14,095.47.