News about Stocks

S&P 500 closed in red for 3rd week in row (longest losing streak since September); last week was also worst in over a year (-3.0%); despite sell-off, handful of large-cap segments were up with Utilities leading way; worst-hit was Technology ⁦@SPDJIndices⁩ pic.twitter.com/LoNvVeDKZh

Last week was worst for NASDAQ 100 since November 2022 [Past performance is no guarantee of future results] pic.twitter.com/EUlPufmtD6

S&P 500 with a max pullback of 5.5% in '24 so far. Since 1980, only 4 full years saw a smaller pullback. Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL

How rare was Friday? More than 300 stocks in S&P 500 were green, yet the index was down 0.9%. Using data back to 1998 that happened only ONE OTHER TIME. 10/2/20 saw 313 stocks up, but it fell 1.0%. Again, things are improving under the surface if you look at the data.