The Nasdaq Just Hit Correction Territory. History Says the Stock Market Will Do This Next (Hint: It May Shock You).

The U.S. stock market is having a dismal year. Investors are concerned about the economy, not just because President Trump's tariffs have coincided with slower GDP and jobs growth but also because the U.S.-Iran war has pushed oil prices to a multiyear high. Consequently, the three major stock market indices have dropped sharply from their peaks: The S&P 500 (SNPINDEX: ^GSPC) is down 7.1%, the Dow Jones Industrial Average (DJINDICES: ^DJI) is down 8.4%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) is down ...