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Traders work on the floor of the New York Stock Exchange on June 01, 2023 in New York City. Spencer Platt/Getty US stocks were mostly lower on Monday, pulling back from last week's record highs.
The stock market has bounced back somewhat during the first few months of 2023. But it has not been significant enough to repair the damage of a nearly 20% drop in the S&P 500 index last year.
"If we don't recover pretty dramatically between now and Friday's close, so just two days, we will see sell signals in our intermediate-term metrics."
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The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000. STAN CHOE. Updated December 11, 2024 at 1:20 PM. People gather in front of the New York Stock Exchange in New ...
The September 11 attacks caused global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever. Stock market downturn of 2002: 9 Oct 2002: Downturn in stock prices during 2002 in stock exchanges across the United States, Canada, Asia, and Europe.
The last trading day of 2023 closed out with a sigh, as Wall Street took a breathe after a muscular year-end rally pushed stocks close to record highs. The S&P 500 ( ^GSPC ) ticked away from its ...