Markets Turn Down: A Correction Or Something More Sinister?

1. The S&P 500's rebound is questioned amid an economic slowdown. 2. Major companies face increasing layoffs, signaling labor market weakness. 3. Interest rates rose despite a small Fed rate cut, indicating market volatility. 4. Housing sector weakness contributes to a significant decline in homebuilding stocks. 5. Economic indicators suggest an impending recession affecting S&P 500 performance.