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Economy

progree

(11,463 posts)

3. S&P 500 closed down 3.25%, Dow down 2.42% (741 points), Nasdaq down 4.08%

Reply to Tansy_Gold (Original post)

Thu Jun 16, 2022, 03:51 PM

Jun 2022

If the Dow had fallen by the same percentage as the S&P 500, it would be down 995 points!

S&P 500 now down 23.6% from its Jan 3 all-time high. Its at 3667.

The last close before Inauguration Day was 3799, so its down 3.5% from that point.

https://finance.yahoo.com/news/stock-market-news-live-updates-june-16-2022-114840208.html
Stocks slide to lowest since Dec. 2020 amid renewed recession concerns, Emily McCormick, Yahoo Finance, 6/16/22

The headline is referring to the S&P 500. The Dow closed at its lowest since January 2021, and closed below 30,000 for the first time since January 2021.

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STOCK MARKET WATCH -- Friday, 17 June 2022 [View all] Tansy_Gold Jun 2022 OP

Juneteenth Holiday on Monday! Tansy_Gold Jun 2022 #1

Assets being repriced by meltdown, or US dollar being diluted by latent QE effects? bucolic_frolic Jun 2022 #2

S&P 500 closed down 3.25%, Dow down 2.42% (741 points), Nasdaq down 4.08% progree Jun 2022 #3

Internals advance/decline and 10 week overall stats some of the very worst since 1928 bucolic_frolic Jun 2022 #4