After Four Gains, S&P500 Closes Down .51%


The market turned down on the week’s first trading day, after the four positive closes since last Monday.

Today’s decline – a -1/+4 ( one negative close after four straight gains) – is about the same magnitude as the 264 other -1/+4 days since 1950.

But today’s .51% loss is not as steep as the average .79% decline on such days since the start of 2000.

 

 

 

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