A correction in the stock market is usually defined by a drop of 10% to 20% in major indexes, such as the S&P 500, Nasdaq Composite, or Dow Jones Industrial Average (DJIA). While it's not as dramatic of a decline as stock market crashes, corrections can still wipe away a decent amount of portfolio value. Stock market corrections may cause some people to get a little nervous when they see their portfolio, but it shouldn't be an occasion for panic.
Lisa Erickson, U.S. Bank SVP & Public Markets Group Co-Head, and Sizemore Capital Management CIO Charles Sizemore join Yahoo Finance Live to discuss the stock market rising to end a 7-week losing streak, inflation, GDP, the Fed's interest rate hikes, recession concerns, and the outlook on tech.
Yahoo Finance's Ines Ferre breaks down markets and sectors closing in the green for the week, in addition to the positive performances by Nasdaq leaders, travel stocks, and retail stocks.