After a woeful September for optimists, the stock market’s bullish patina is being further chipped away to start October, with at least one main benchmark and a number of sectors perilously close to a correction.
Indeed, the Nasdaq Composite IndexCOMP, which was down 2.4% on Monday, as social-media company Facebook Inc.FB tumbled nearly 5% on the session, bringing the technology-laden index about 7.3% from its Sept. 7 record close, according to Dow Jones Market Data.
Market…
Discover more from Today Headline
Subscribe to get the latest posts to your email.