Todays -1.68% close is the 150th time that the S&P500 lost more than 1.5% in the 1931 trading days since January 2000.
By contrast, 566 such closes occurred in 14,153 trading days since January 1950.
So far, with such declines exceeding 7.7% of all trading days, this century is turning in nearly double the historical 3.9% average of trading days with losses sharper than -1.5%.
Moreover, the magnitude of this loss places todays close near the 5th percentile that is only 5% of all losses since 2000 exceeded -1.83%.
This entry was posted on Friday, September 7th, 2007 at 12 112007000000Fri, 07 Sep 2007 23:08:12 +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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