24Business
Stocks set up a wide rally the day after the S&P 500 entered the correction
There was allegedly enough people on Wall Street saw and S&P 500 correction statistics.
The market reference value gathered 1.9% on Friday after closing on the correction territory yesterday. Dow has increased by 600 points, or 1.5%. Nasdaq Composite, who entered the correction last week, grew by 2.3%. Russell 2000 increased by 2.2%.
The stocks gathered across the entire board, and 459 S & P 500 shares traded more a day. All 11 major sectors were obtained, and consumer staples and health care were the only two sectors that were not at least 1%.