correction, in/enter/into correction territory, spreading within the general population

A stockmarket “correction” should hardly be a surprise: the bull market for stocks is aged, having begun in the spring of 2009

Covid-19 sparks one of the fastest slides since the second world war

ECONOMIST.COM

In part, the stockmarket’s plunge reflects past complacency

Covid-19 sparks one of the fastest slides since the second world war

Health officials have identified what could be the first U.S. case of the coronavirus spreading within the general population. California Governor Gavin Newsom is calling for greater testing capacity for COVID-19. Here are five ways to prepare for the arrival of the contagious illness. 


Coronavirus fears continue to send shock waves through the stock market. European markets are tumbling Friday and the Dow Jones Industrial Average is bracing for another volatile day after the biggest one-day point drop ever on Thursday. The S&P 500 index and the Nasdaq are in correction territory, having both lost more than 12 percent from their peak earlier this month. 

The S&P 500 entered correction territory after a sell-off this week. Here's what that means. The sell-off in stocks has fallen to a new level in market lingo: a correction. After tumbling in the past week, the S&P 500-stock index closed on Thursday in that territory.


"Legally blind": the person has visual acuity no better than 20/200 with conventional correction and/or a restricted field of vision less than 20 degrees wide.



 correction

a change made to something in order to correct or improve it, or the action of making such a change

改正；修改；更正

She was disappointed to see her essay returned with a huge number of corrections in red ink.看到她的作文發下來時滿篇都用紅筆修改過，她很失望。

[ C or U ]   FINANCE & ECONOMICS   specialized

(also market correction)

a change in prices in a financial market, especially when they go down after a period of being too high in relation to the real situation in a company, the economy, etc.

（市場價格在上漲後根據公司或經濟實際情況的）回落，回跌

It looks like last week's correction is over and prices are going to go higher.看起來上週的回落已經告一段落，價格又將上漲。

 territory

(an area of) land, or sometimes sea, that is considered as belonging to or connected with a particular country or person

領土；領域；領地；活動範圍

He was shot down in enemy territory.他在敵方領土上被擊落。

The UN is sending aid to the occupied territories.聯合國正在向被佔領地區提供援助。

an area that an animal or person tries to control or thinks belongs to them

（某一動物或人想控制的）領地；地盤

The robin keeps other birds off that part of the garden - that's his territory.這隻知更鳥不許其他鳥進入花園的那塊地方，那是牠的領地。

a subject that you know about or have experience in

（知識等的）領域，範疇

The director is back on familiar territory with his latest film.該導演的最新電影又轉回到他所熟悉的題材上。