Market correction

A market correction is a rapid change in the nominal price of a commodity, after a barrier to free trade has been removed and the free market establishes a new equilibrium price. It may also refer to several such single-commodity corrections en masse, as a collective effect over several markets concurrently.[1][2][3]

  1. ^ "Market Correction: What Does It Mean?". Schwab Brokerage. January 25, 2022. Retrieved July 5, 2022.
  2. ^ "The Data Point: What's a stock market correction?". NBC News. January 25, 2022. Retrieved July 5, 2022.
  3. ^ "Europe faces 'severe' risk of disorderly financial market correction: Lagarde". Reuters. June 20, 2022. Retrieved July 5, 2022.