The Stock Market: From Rough Week to Horrible Week
Friday, 12 October 2018 The Dow Jones Industrial Average tumbled 545.91 points, or 2.1%, to 25,052.83, bringing the Wednesday, Thursday decline to 1,378 points. The average correction lasts 51 trading sessions according to the data, although more recent corrections have proven to be more short lived. February’s lasted 13 days. The last five corrections have only lasted an average of 37 trading days, while going back to 1980, the average length has been 44 sessions. Since 1950, the average lasted 61 trading days (WSJ Market Data Group).
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