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The Stock Market: From Rough Week to Horrible Week

CNSNews.com Friday, 12 October 2018 ()
The Stock Market: From Rough Week to Horrible WeekThe 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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News video: Week Ahead: Market Rebound and Tech Earnings

▶ Week Ahead: Market Rebound and Tech Earnings 05:09

The stock market has been on a roller coaster ride this week. The Dow Jones Industrial Average traded higher after briefly slipping into negative territory on Friday after the index fell nearly 1,400 points in two days. The S&P 500 was higher on Friday after closing lower for six straight days. The...

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