Market Update January 2022
Submitted by Corrigan Financial, Inc on January 1st, 2022U.S. stock values dropped nearly 6% to begin the new year, with large blue-chip stocks down around 5% and small companies off nearly 10% for the month of January. Technology stocks, as measured by the Nasdaq Composite, declined 9% for their worst January performance since 2008. Domestic value stocks, as well as foreign equities, saw more modest declines of just over 3% for the month.
