scorecardresearchStock-Market Cycles Suggest Prices Still Haven’t Hit Bottom

Stock-Market Cycles Suggest Prices Still Haven’t Hit Bottom

Updated: 25 May 2022, 07:43 AM IST
TL;DR.
The U.S. stock market has more room to fall, if the usual cycle for routs and rebounds are any indication.
FILE - Traders work on the floor at the New York Stock Exchange in New York, May 19, 2022. Stocks are opening lower on Wall Street Tuesday, May 24, 2022 led by drops in tech heavyweights like the parent companies of Facebook and Google. The S&P 500 index fell 1.2% in the early going, and the tech-heavy Nasdaq was down almost twice as much, 2.3%. (AP Photo/Seth Wenig)

FILE - Traders work on the floor at the New York Stock Exchange in New York, May 19, 2022. Stocks are opening lower on Wall Street Tuesday, May 24, 2022 led by drops in tech heavyweights like the parent companies of Facebook and Google. The S&P 500 index fell 1.2% in the early going, and the tech-heavy Nasdaq was down almost twice as much, 2.3%. (AP Photo/Seth Wenig)