© Reuters. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 21, 2022. REUTERS/Brendan McDermid
(Reuters) – The tumbled on Monday, on track to confirm a correction as it shed more than 10% from its record closing high on Jan. 3, the first trading session of this year.
The benchmark index was last down 2.2% at 10:03 a.m. EST (1503 GMT).
A correction is confirmed when an index closes 10% or more lower than its record closing level.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Read More: S&P 500 on course to confirm correction territory, falls 10% from Jan