The markets continue to be unkind to investors as we enter the second week of May; the S&P 500 has shed 9.45% over the last 30 days, while the Nasdaq composite slid 12.62%.
Performance-wise, the Nasdaq 100 is officially in a bear market, falling more than 27% from its all-time highs in November 2021. Regarding the S&P 500, this is the third-worst start to a year in the index's history.
