Mentioned as a reference point for investors watching the market.

the S&P 500 index has fallen sharply since hitting a record high

The S&P 500 index tumbled into a correction

Stock market index referenced in Lee's comments about market trends

The S&P 500 is mentioned as a key market index showing potential signs of a correction.

Another major index that has seen a decline nearly 3% for February.

Comparison in performance to European markets.