What Happens If the Nasdaq and S&P 500 Both Fall Into Correction Territory?

The Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) are in the red year to date. The Nasdaq Composite is down more than 10% from its high, while the S&P 500 is 7% off its high.That puts the Nasdaq into a correction, which is a drop of at least 10% off a recent high but less than 20%. A sustained period in which an index is 20% below its high is known as a bear market. The S&P 500 could be headed there, too.Here's why it feels like both indexes should be down even more, and how to find stocks to buy during a correction, as well as ones to avoid.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool