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Economy

progree

(11,493 posts)

2. At Wednesday's close, S&P 500 is down 18.0% from all-time-high, close to bear market 20%

Reply to Tansy_Gold (Original post)

Wed May 11, 2022, 07:11 PM

May 2022

It's down 18.0% from the all-time-high close of 4797 on 1/3/22
(bear markets begin at 20% down)

but S&P 500 still 3.6% above slobfather's last close, Jan 19, 2021

S&P 500 closing values:
1/19/21: 3799
5/11/22: 3935

And this doesn't count dividends (that was about 1.4%)

but one of our talking points is gone.

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Highlight:

STOCK MARKET WATCH -- Thursday, 12 May 2022 [View all] Tansy_Gold May 2022 OP

Tech stocks are beginning to feel like 2002 all over again bucolic_frolic May 2022 #1

some of us have been here Tansy_Gold May 2022 #3

a long time DemReadingDU May 2022 #5

Link didn't work?? Tansy_Gold May 2022 #6

copy the entire link starting from the h and ending with last number 6, but don't copy the quotes DemReadingDU May 2022 #7

GOT IT! Tansy_Gold May 2022 #8

At Wednesday's close, S&P 500 is down 18.0% from all-time-high, close to bear market 20% progree May 2022 #2

If invested at the peak before the dot-com crash, still would have earned a 6.35% annualized progree May 2022 #4