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Economy

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progree

(11,811 posts)
Tue Mar 4, 2025, 12:04 PM Mar 4

S&P 500 closed Wednesday 4/16 at 5276, down 2.2% for the day, down 8.8% since election day, down 14.1% from ATH [View all]

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Last edited Wed Apr 16, 2025, 05:50 PM - Edit history (45)

ATH is all-time high.

I only follow the S&P 500, as it is by far the best measure of the three (Dow, S&P 500, and Nasdaq) of the total U.S. stock market and far more representative of what people have on average. But see bottom of this post for a graph of the DOW, which closed at 39,669, down 700 points (-1.7%) for the day.

The S&P 500 closed Wednesday April 16 at 5276, down 2.2% for the day,

and down 8.8% from the 5783 election day closing level,

and down 12.0% from the inauguration-eve level,

and down 10.3% year-to-date,

and down 14.1% from its all-time closing high of 6144 on Feb 19. (we were down 18.9% at the 4/8 close, nearing a bear market which is 20% down. )

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high (2/19/25): 6144

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

It is down 14.1% from its all-time closing high of 6144 on Feb 19. Anything between 5% and 10% down is in "pullback" territory. Corrections start at 10% down, and bear markets start at 20% down.

(It closed Thursday March 13 more than 10% down, making it officially the start of a correction. I don't know when corrections end -- when a new closing high occurs???)

========================================================

I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT. It closed Tuesday at 40,369, and it closed Wednesday at 39,669, a drop of 1.7% (700 points) for the day.

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT


https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/

12 replies = new reply since forum marked as read
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Kicking for the milestone update - S&P 500's first close below the election day close. How major indexes fared: progree Mar 4 #1
Kicking: update for Thurs. March 6 close. The "Trump Trade" is back underwater after losing 1.8% for the day (S&P 500) progree Mar 6 #2
Kicking: Update: S&P 500 closed Friday at 5770, up 0.5% for the day but still below the election day close progree Mar 7 #3
Update: S&P 500 closed Monday 3/10 at 5615, down 2.7% for the day and 2.9% below the election day close progree Mar 10 #4
Update: S&P 500 closed Tuesday 3/11 at 5572, down 0.8% for the day, briefly fell into correction territory progree Mar 11 #5
S&P 500 closed Wednesday 3/12 at 5599, up 0.5% for the day, but down 3.2% since election day progree Mar 12 #6
Update: S&P 500 closed Thursday at 5522, down 1.4% for the day, and MORE THAN 10% down from the all-time high progree Mar 13 #7
Update: S&P 500 closed Friday at 5639, up 2.1% for the day, and down 2.5% since election day progree Mar 14 #8
Update: S&P 500 closed Monday at 5675, up 0.6% for the day, and down 1.9% since election day progree Mar 17 #9
Update: S&P 500 closed Tuesday at 5615, down 1.1% for the day, and down 2.9% since election day progree Mar 18 #10
S&P 500 closed Tuesday 3/25 at 5777, up 0.2% for the day, down 0.1% since election day, down 6.0% from ATH progree Mar 25 #11
S&P 500 closed Wednesday 4/02 at 5671, up 0.7% for the day, down 1.9% since election day, down 7.7% from ATH progree Apr 2 #12
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