Major Indexes Enter Correction Territory

FS Insight Team

“I really think a champion is defined not by their wins but by how they can recover when they fall.” ― Serena Williams

Good evening, 

The market carnage extended for a fourth straight week, dragged down by investors wrestling with a flip-flopping tariffs policy and intensifying recession fears. 

This week, the S&P 500 tumbled 2.3% and the Nasdaq Composite fell 2.4%. Both sharply rebounded Friday but failed to exit correction territory—defined as a drop of 10% or more from a recent high. 

While there is pain, Fundstrat Head of Technical Strategy Mark Newt...
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