Similar to last Monday, September 17, markets turned down today.
The S&P 500 lost .53% today, compared to -.51% last week.
The DJIA loss of .44%, is steeper than the week ago -.29%
And NASDAQ, off only .12% , did better than last Mondays .8% loss.
Today was a -1/+1/-1/+2/-1 (down today/ after a plus day/ following a negative day/ after two positive closes/ following a down day) day for all three indices.
Tabulating these days, in the table below, it is clear that todays declines are substantially smaller than the average of past losses, Moreover, the size of these losses, on average, are greater since 2000 than before, in the last 20th– century.
Number of-1/+1/-1/+2/-1 Days and Average Loss
Since 1950 Since 2000
INDEX Days % Days %
DJIA 99 -.63 23 -.84
NASDAQ* 41 -.63 34 -.69
S&P 500 90 -.60 27 -.70
*NASDAQ data start on