Reasearch Report: Assessing the Impact of Corrections
The performance of stocks through April month-end was not only painful, but it was also significant. The first four months of 2022 marked the worst January to April swoon for US stocks in history. The S&P 500 Index ended April down 13.31% from its’ December 27th, 2021, peak. The tech heavy Nasdaq composite index is off 23.18% since its November 15th, 2021, peak, officially putting growth stocks in bear market territory.