The S&P 500 Has Been Trapped in Its Oct. 10 Range. What History Says About ‘Inside Day’ Streaks.

Core Insights - The S&P 500 has been experiencing a streak of "Inside Days" since October 10, indicating a lack of volatility and movement within a defined range [2][3] - The market was impacted by President Donald Trump's announcement of potential new tariffs on China, which caused a significant drop in stock prices on October 10 [2] - The S&P 500 has not traded outside the range of 6550.78 to 6762.40 since the initial pullback, suggesting a period of consolidation [2] Market Analysis - The inability of the S&P 500 to rebound quickly from the October 10 pullback may suggest that buying interest has diminished, as noted by market analysts [3] - Historical performance indicates that the current stagnation could be a temporary pause rather than a sign of weakness, implying potential for future recovery [3]