BREAKING: 84% of S&P 500 stocks are now trading at least -10% below their all-time highs. Real Estate leads the drawdown, with 97% of stocks down at least -10%, followed by Materials at 96%, Utilities at 94%, and Consumer Discretionary at 92%. By comparison, Energy has held up

BREAKING: 84% of S&P 500 stocks are now trading at least -10% below their all-time highs. Real Estate leads the drawdown, with 97% of stocks down at least -10%, followed by Materials at 96%, Utilities at 94%, and Consumer Discretionary at 92%. By comparison, Energy has held up relatively better, with 62% of stocks more than -10% below their all-time highs, followed by Healthcare at 70% and Information Technology at 72%. Furthermore, 59% of S&P 500 stocks are down at least -20% from their highs, 41% are down more than -30%, and 17% are down more than -50%. Meanwhile, the S&P 500 is just 0.2% from its all-time high set on Tuesday. A few names are carrying the entire stock market.