Nasdaq Entered Correction Territory: What History Says Usually Happens After the Sell-Off

Source: International Business Times

A new review of 10 previous Nasdaq corrections found that additional losses were common in the following month, although the index generally recovered over six months. Imen Ben Youssef/Hans Lucas The Nasdaq Composite's plunge into correction territory on Thursday has left investors facing an uncomfortable historical pattern of the first major drop being followed by more selling before a sustained rebound emerges. The technology-heavy index fell more than 5% Thursday, finishing more than 11% below its October record.