A market correction is a significant, temporary decline of 10% to 20% in stock market prices or asset values from a recent peak. This common market event often...
A market correction is a temporary decline of 10% to 20% in stock market indices or asset prices from their recent peak, often occurring over a short period.
Corrections can be triggered by various factors such as economic concerns, rising interest rates, geopolitical events, or widespread investor profit-taking after significant market gains.
Historically, market corrections are relatively short-lived, often resolving within a few weeks to several months, significantly shorter than a prolonged bear market.
A correction is a decline of 10-20% from a peak. A bear market is a more severe and prolonged decline of 20% or more from recent highs, often indicating a deeper economic downturn.