‘Healthy correction’ or something more? Stock swings keep investors on edge


NEW YORK: A barrage of worrisome news is rocking the US stock market after a nearly six-month surge, leading some investors to question whether the recent selloff in equities heralds a longer period of volatility.

The S&P 500 index was on the verge of a correction, defined as a 10% drop from its all-time closing high, after ending 9.6% below its Sept 2 record on Wednesday.

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