S&P 500 Snapshot: Volatile Friday Ends With Weekly Gain

Core Insights - The S&P 500 posted a minor weekly gain of 0.1%, marking the fourth weekly gain in the past five weeks [1] - The index has shown significant volatility, with the largest intraday price volatility recorded at 10.77% on April 9, 2023 [3] - Year-to-date performance shows the S&P 500 up 14.75%, while the S&P Equal Weight Index is up 7.12% [4] Weekly Performance - The S&P 500 experienced a volatile trading session on Friday, ultimately resulting in a slight weekly gain [1] - A historical perspective shows the index reached an all-time high of 1565.15 on October 9, 2007, followed by a significant drop of approximately 57% during the Global Financial Crisis [1] Volatility Analysis - The S&P 500 has been above its 50-day moving average since May 1, 2023, and above the 200-day moving average since May 12, 2023 [2] - The average percent change from intraday low to high over the past 20 days is 0.96% [3] Index Comparison - The S&P 500 is a market cap-weighted index, 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-cap stocks in the S&P 500 [4]