|The stock market remains highly volatile and currently trades significantly lower than where it did three short weeks ago -- investors are concerned. For some perspective on the current correction, today's chart illustrates all major stock market corrections (15% loss or greater) of the last 111 years. Each dot represents a major correction as measured by the Dow. For example, the bear market that began in 1973 lasted 481 trading days and ended after the Dow declined 45%. There are a few items of interest... Since 1900, the Dow has undergone a major correction 26 times or one major correction every 4.3 years. Second, most major corrections since 1900 (62%) have resulted in a drop of less than 40% while lasting less than 400 trading days. Since 1950, the percentage of major market corrections that were less than 40% and 400 trading days increased to 78%. As it stands right now, the current stock market correction (April 2011 peak to most recent low) would measure below average in both magnitude and duration.Notes:
- Will the Dow crash? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.
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Events of the DayAugust 29, 2011 - US Open tennis tournament begins (ends September 11th)
Stocks of the Day-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
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-- You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
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