The Dow Jones Industrial Average Is in Correction Territory: 2 Historically Cheap Components That Make for No-Brainer Buys Right Now
Volatility has returned to Wall Street. As of the closing bell on March 27, the stock market's most iconic index, the Dow Jones Industrial Average (^DJI +0.11%), has officially entered correction territory (down 10.01% from its all-time closing high). While the benchmark S&P 500 (^GSPC 0.39%) hasn't reached correction territory, the Dow is being kept company by the Nasdaq Composite (^IXIC 0.73%), which is down 12.6% from its record high.Although Iran war uncertainty, inflation fears, and artificial intellig ...