Ask Question
BusinessBusiness
28 October, 19:40

What is the technical term for a 10 percent decline from a recent high in the u. S. Stock market?

+2
Answers (1)
  1. 28 October, 19:55
    0
    correction

    Explanation:

    In financial terms, a correction (or market correction) happens when a security loses at least 10% of its price considering its most recent peak. The prices of stocks, bonds, etc., change every day, that is why a correction may take days, weeks or even months before the price of the security starts to recover. It is normal that corrections happen, and if a person has made a long term investment, he/she shouldn't worry about them because the price will eventually recover completely and surpass that peak in the future. Corrections are dangerous for those who speculate with short term investments.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the technical term for a 10 percent decline from a recent high in the u. S. Stock market? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The demand for pearspears is highest during summer and lowest during winter. yet pearpear prices are normally lower in summer than in winter.
Answers (1)
4. If a good is considered "normal" by economists, an increase in consumers' incomes will result in a decrease in the demand for the good. a. True b. False
Answers (1)
The following transactions relate to the petty cash fund of Jarvis Wrecking Company: Apr. 1 19 The petty cash fund is set up with a $350 cash balance. Because the money in the fund is down to $70.20, the fund is replenished.
Answers (1)
A customer deciding to rent a movie from home instead of going to the movie theater illustrates which of Porters Five Forces?
Answers (1)
Farmers rotate their crops between corn and soybean to increase crop yields. This behavior exhibits a. Economies of scale b. Diseconomies of scale c. Economies of scope d. Diseconomies of scope
Answers (1)
New Questions in Business
1. Of the 4 strategic approaches to international markets, which one (s) might be the best for a manufacturing company? a financial services company? or a company like Coke or Pepsi? Thoughts? 2.
Answers (1)
Masks Inc. is a cosmetics company that makes beauty products. It uses whale oil from dead whales only and does not kill whales to obtain blubber. A newspaper publishes a report stating that Masks Inc.
Answers (1)
Transfer payments are not included in gdp calculation because these are
Answers (1)
In which year were tobacco commercials banned from network television in the united states?
No Answers
Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.
Answers (1)
Home » Business » What is the technical term for a 10 percent decline from a recent high in the u. S. Stock market?
Sign Up Forgot Password?