Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Stock market correction: What it is and why it's not necessarily bad

    by Jim Puzzanghera, Los Angeles Times Feb 09, 2018 3 minutes

    WASHINGTON – The stock market is all about numbers, and the biggest one to remember in the wake of this month's steep losses is 10.

    When a stock index declines 10 percent or more from its recent high, that's considered a market correction.

    After plunging more than 1,000 points on Thursday for the second time this week, the Dow Jones industrial average dropped into a correction. So did the broader Standard & Poor's 500 index. Both were down a little over 10 percent from the record high reached

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times3 min readCrime & Violence
    Carvalho Faults Alleged Actions Of School Safety Worker Who Failed To Stop Fatal Fight
    LOS ANGELES — The Los Angeles school district has removed a campus-safety contractor from Washington Preparatory High School after an adult — who apparently worked for the contractor — refused to intervene before a fight that ended with the death of
    Los Angeles Times8 min read
    Beyond Erewhon: Inside The LA Grocery Store Where All The Cool Vegans Are Flocking
    LOS ANGELES -- On a rainy Saturday afternoon in late March, a block of East Hollywood is unusually quiet but for the corner of Fountain Avenue and North Edgemont Street. There, a line snakes halfway around the perimeter of a little vegan grocery stor
    Los Angeles Times3 min read
    Commentary: USC’s ‘Security Risk’ Rationale To Thwart Peaceful Protest Is Not Justified
    During Vietnam War protests, the Nixon administration called them “outside agitators.” Now my university’s provost prefers “participants — many of whom do not appear to be affiliated with USC.” Beyond Andrew Guzman’s misdemeanor of wordiness, the pla

    Related Books & Audiobooks