News about S&P 500, market

Down less than half a percent today for the S&P 500. Given where it opened, this was a nice change from what we were seeing a week ago. Back then, the selling would get heavy as the day wore on.

After the 6% drawdown since March 28, the forward P/E ratio on the S&P 500 has declined from 21.2x to 19.9x. Valuations were high, so this is good to see. Price should decline less than valuations during this correction since earnings estimates are rising 12%. Pass the baton.🧵 pic.twitter.com/wqpo6FIPWV

US Market News: 3 reasons why Dow Jones fell 375 points, Nasdaq 101 points www.etnownews.com/markets/us-market-news-3-reasons-why-dow-jones-fell-375-points-nasdaq-101-points-article-109608284

US Markets At Open | S&P 500 opens 1.3% lower, Nasdaq 100 down 1.8% Meta shares sink 15% at the open, biggest drop since Oct 2022; these are the other highlights👇 @Nasdaq #Caterpillar #KeurigDrPepper #SouthwestAir #IBM pic.twitter.com/QBicQ8vHSN