May 9, 2025 Stock Market | Market Correction Update
May 9, 2025: Once again, the NASDAQ Composite index ended the week in correction territory...
Since Closing @ Record-Highs:
- NASDAQ Composite: -11.13% (-2,244.97 points) - CHART
- S&P 500: -7.88% (-484.24 points) - CHART
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- Currently, our odds are at 85% (likely) the Fed will do nothing with the benchmark target range for the fed funds rate at the next FOMC monetary policy meeting on June 18, 2025.
Stay tuned...
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