S&P 500 After Closing in Correction Territory

History shows that markets tend to eventually bounce back after the broad-market benchmark suffers a correction, as per data backdated to 1928

On average, the S&P500 gains 3.7% three months after a correction. Thereafter, the market marches higher in the following six-month and full-year period (as per Dow Jones Market Data).

When looking at the previous 20 corrections (including those that have dropped further into a bear market) the S&P 500 has closed higher 70% of the time.

Source: Dow Jones Market Data)