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Equity markets sold off aggressively on Wednesday dragging the S&P 500 2.4% lower for the day and the index is now down nearly 9% from its record high set at the start of the month. We are almost in correction territory for the world’s most followed stock market, which is defined as a 10% fall from its latest peak. Meanwhile the tech heavy Nasdaq composite is already in one, having lost 12% in value from its August highs.Investors who missed the six-month rally since March may find it compelling to dive in now as many stocks have corrected their excessive valuations, especially on the... Read More
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