S&P 500 Snapshot: Three-Week Win Streak Snapped

Core Insights - The S&P 500 index experienced a loss of 1.6%, ending a three-week winning streak [1] - Year-to-date performance shows the S&P 500 up 14.66%, while the S&P Equal Weight Index is up 7.33% [4] Group 1: S&P 500 Performance - The S&P 500 reached an all-time high of 1565.15 on October 9, 2007, before dropping approximately 57% to 676.53 by March 9, 2009, marking the Global Financial Crisis [1] - The index took over five years to recover, reaching a new high of 1569.19 on March 28, 2013 [1] - Recent selloffs in 2022 are noted, with a focus on the index's performance excluding the Global Financial Crisis [2] Group 2: Volatility and Trends - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [3] - The average percent change from intraday low to high over the past 20 days is 1.04% [3] - The index has remained above the 50-day moving average since May 1 and above the 200-day moving average since May 12, with the 50-day average above the 200-day average since July 1 [2] Group 3: Index Comparisons - The S&P 500 is a market cap-weighted index of the 500 largest U.S. stocks across 11 sectors, while the S&P Equal Weight Index gives equal weight to each constituent [4] - The performance disparity between the two indices highlights the strength of larger market cap stocks in the S&P 500 compared to the equal weight approach [4]