Nasdaq Bear Market: 3 High-Yield Dividend Stocks You Won't Regret Buying
What a difference a year makes.
Last year, the benchmark S&P 500's biggest correction entailed a decline of just 5%. However, since hitting its all-time closing high during the first week of January, the widely followed index has lost as much as 24% of its value.
It's been an even bumpier ride for the technology-driven Nasdaq Composite (NASDAQINDEX: ^IXIC). Following its record closing high in mid-November, the Nasdaq has shed up to 34% of its value. With a decline of this magnitude, the Nasdaq is firmly entrenched in a bear market.
Source Fool.com
