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The S&P 500 (^GSPC) has entered correction, falling 10% from its February all-time highs as political uncertainty has driven fears over the market outlook.
"There's been a sentiment shift," Citi US equity strategist Scott Chronert told Yahoo Finance. "The sentiment and the client and investor focus has completely swung upside down versus where we started the year."
SNP - Delayed Quoteâ¢USD
(^GSPC)
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5,638.94
-
+(2.13%)
At close: March 14 at 4:57:16 PM EDT ^G...
>>> Read more: 'A sentiment shift': What Wall Street is saying after the S&P 500's 10% tumble
"There's been a sentiment shift," Citi US equity strategist Scott Chronert told Yahoo Finance. "The sentiment and the client and investor focus has completely swung upside down versus where we started the year."
SNP - Delayed Quoteâ¢USD
(^GSPC)
Follow View Quote Details
5,638.94
-
+(2.13%)
At close: March 14 at 4:57:16 PM EDT ^G...
>>> Read more: 'A sentiment shift': What Wall Street is saying after the S&P 500's 10% tumble