S&P 500 correction in six charts

By Saqib Iqbal Ahmed NEW YORK (Reuters) -For the first time in over a year, the U.S. stock market is in a correction. The question now is whether the slide is set to get worse. The benchmark stock index closed down more than 10% from its February 19 closing high, meeting the widely used definition of a correction. The S&P 500’s slide follows a similar drop for the tech-heavy Nasdaq Composite index, which last week confirmed it was in a correction. The S&P 500’s decline translates to a loss of about $5 trillion in market value from the February highs…