Big up days are gone as corrections hit half of S&P 500 stocks

Calls for a correction in stocks are multiplying. And while none has come to pass for the biggest indexes, it’s safe to say a lot of the market’s vigor has been depleted.
 

Big rallies are a thing of the past. The S&P 500 has gone 34 days without rising 1% in any of them, the longest in 20 months. And the pool of companies feeling significant price pressure keeps expanding. More than half the index’s members have suffered peak-to-trough declines of at least 10% since May, data compiled by Morgan Stanley show. 

It’s worse in small-caps, where 90% of Russell 2000