7 S&P 500 Stocks That Have Lost 40% or More
As of Dec. 17, the Standard & Poor's 500-stock index had lost 13.1% from its Sept. 20 all-time high. That's correction territory, typically defined as a decline of 10% or more from a peak, but still well short of bear-market territory, a decline of 20% or more.
More than half the S&P 500's stocks, however, have indeed entered a bear market.
These are not two-bit companies that discovered that their main product causes your fingers to fall off, either. Apple (), currently sitting on a mountain of cash, is down 29.8% from its Oct. 3 high. Charles Schwab () is down 32.4% from its May 21 high.
