Stocks plunge following Fed inflation projections

[nmmi]

6. From the December 4 peak before the Dow's 10-day fall began: Dow down 6.0% and S&P 500 down 3.5%

DOW:
Dec 4: 45,014.04
Dec 18: 42,326.87
-5.97%

S&P 500:
Dec 4: 6,086.49
Dec 18: 5,872.16
-3.52%
(It all-time-peaked 12/6 at 6090.27, slightly higher than Dec 4 level. )

DOW: https://finance.yahoo.com/quote/%5EDJI/history/
S&P 500: https://finance.yahoo.com/quote/%5EGSPC/history/

The S&P 500 is far far more representative of the total U.S. stock market than the 30 cherry-picked price-weighted stocks of the DOW. The S&P 500 isn't even in pull-back territory (which begins at 5% down). Nor is it even in correction territory (which begins at 10% down). Bear markets begin at 20% down.

Year to Date, as of the December 18 close, the DOW is up 12.3%, and the S&P 500 up 23.1%. Plus dividends.