At -.11 %, todays decline is the first negative close since Monday.
There have been 510 times, since January 3, 2000, that the S&P 500 has turned down after three positive days-in-a-row . Thats 26.7% of the 1907 trading days since the beginning of 2000.
Todays -.11 % decrease is substantially smaller than the -.56 % decline experienced for a first negative close, and 87% of such declines are steeper than -.11%.
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Data on First Negative Days
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This entry was posted on Thursday, August 23rd, 2007 at 12 102007000000Thu, 23 Aug 2007 22:45:29 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed.
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