Visualizing every day of the US stock market for the last 10 years
Just how common is a 2.7% drop like yesterday?
Your eyes probably saw a lot of red yesterday.
As recession fears mounted, momentum stocks skidded to a halt, slipped into reverse, and hit the gas full turbo, sending the SPDR S&P 500 Trust down 2.7% yesterday — the market’s worst day of the year. Tech names were core to the carnage: Tesla dropped 15%, Reddit lost 20%, Palantir sank 10%, and Apple and Nvidia both dropped 5%.
So, for the overall market, just how bad was yesterday?
Here’s every day of the S&P 500 since 2015: