Today’s decline is the third in the last eight trading days.
At -.85%, it is the steepest negative close since the S&P hit the last bottom of 1406.70 on August 15. The two other minus days were off -.02% and -.11%.
Today’s drop paired with Friday’s gain, yields a down day following an up day. This -1 day and +1 day sequence has repeated 255 times since January 2000, with the decline of .85% on the average.
DJIA -.42%
NASDAQ -.60%