Wall Street’s main stock indices fell into what’s known as “correction territory” Thursday, a zone between 10-20 percent below a market’s most recent high—and a barrier of psychological significance to market participants.
All three titans—the Dow Jones, Nasdaq, and S&P 500—ended below the 10 percent line on the closing bell, settling the day’s contest between bears and bulls, and suggesting both remain unsure which way the coronavirus outbreak is heading.
