S&P 500 Falls 1.57% to Close at 4,982.77 — Market Faces Steepest Drop Since 2020

? S&P 500 Falls 1.57% to Close at 4,982.77 — Market Faces Steepest Drop Since 2020

The S&P 500 Index closed down 79.48 points (-1.57%) at 4,982.77 today, marking a turbulent period for U.S. equities.

? Key Highlights:

• 4-day losing streak: Index has declined for four straight sessions.

• 12.14% drop in four days: A total loss of 688.20 points, the largest 4-day percentage decline since March 16, 2020.

• Longest losing streak since February 25, 2025.

?️ Compared to Key Milestones:

• -18.90% from record high of 6,144.15 (Feb 19, 2025)

• -13.83% from Election Day close of 5,782.76 (Nov 5, 2024)

• -16.91% from Inauguration Day close of 5,996.66 (Jan 20, 2025)

• -12.14% since tariffs were announced (April 2, 2025)

? 52-Week Performance:

• Current level: 4,982.77

• 52-week high: 6,144.15 (Feb 19, 2025)

• 52-week low: 4,967.23 (April 19, 2024)

• Down 18.90% from 52-week high

• Up 0.31% from 52-week low

• Down 4.36% from this time last year

? YTD & MTD Performance:

• Year-to-date loss: 898.86 points (-15.28%)

• Month-to-date loss: 11.21%

⚠️ Market Sentiment:

This is the lowest closing value since April 19, 2024, and signals a strong wave of negative sentiment driven by escalating tariffs, political uncertainty, and broader economic concerns.