It takes the S&P 500 an average of 63 months to hit a new high after falling more than 20%, Wells Fargo said. "U.S. Stocks Tumble as Economic Concerns Resurface" at 5:12 p.m. ET, incorrectly said it took 63 trading days in the 11th paragraph. (Jan. 22)

(END) Dow Jones Newswires

January 22, 2019 17:52 ET (22:52 GMT)