Stocks are on track to dip for a second day in a row on Friday, and there is growing talk that the market could see its first correction in about three years.
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On average, bull markets last four years and nine months, Strategas Research notes. The current run has lasted more than five years, though it has seen some gut-clenching plunges, with nine sizable swings down since it hit its lows in March 2009. The Dow (INDEXDJX:DJI) is up 55.4% from its Oct. 3, 2011 correction low and is on its 33rd month without a 10% pullback—which began almost three years ago to the day, August 4, 2011.
Four stocks helped drive the Dow lower in trading Thursday, ExxonMobil (NYSE:XOM), Verizon Communications (NYSE:VZ), American Express (NYSE:AXP) and Nike (NYSE:NKE). FOX Business senior editor Charles Brady is taking a look at the S&P 500 (INDEXSP:GSPC), and points out there are some well-know, big-cap names that are already firmly in correction territory, meaning, down at least 10% from a recent high. Below are 19 names.
S&P 500 Stocks Already in a Correction