Core Insights - The S&P 500 started the week with a significant gain, marking its largest daily increase in over four months, and finished the week up 1.7% from the previous Friday [1] - Historical context shows that the S&P 500 experienced a major drop of approximately 57% during the Global Financial Crisis, taking over five years to reach a new all-time high [1][2] - The S&P 500 has shown resilience, remaining above both the 50-day and 200-day moving averages since early May 2023, indicating a positive trend [2] Performance Analysis - Year-to-date, the S&P 500 has increased by 13.55%, while the S&P Equal Weight Index has risen by 7.61%, highlighting the performance disparity between market cap-weighted and equally weighted indices [4] - The S&P 500 has recorded a notable number of days with 1% or greater changes, reflecting its volatility and market dynamics [2][3] Volatility Insights - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 2018, indicating significant market fluctuations [3] - The average percent change from intraday low to high over the past 20 days has been 1.02%, showcasing ongoing volatility in the index [3]