The Market’s Horrible Week, in Numbers

The stock market has suffered a truly horrendous first week of trading. Just how bad was it?

Let’s go to the numbers.

6: The number of percentage points that the S&P 500 Index fell over the past week. That’s the worst one-week decline for the markets since the week ending August 5, 2011.

109: The number of years—at least—since U.S. stocks have suffered a worse opening. This was the worst year-starting five trading sessions ever in the history of both the S&P 500 and the older Dow Jones Industrial Average. (The latter was created in the middle of 1896, making 2016 the 110th year it opened).

110: In the past week of trading, this is how many stocks in the S&P 500 hit the lowest levels they have seen in the past year.

18: The number of stocks in the S&P 500 that rose 1 percent or more in the past week. The biggest winner was Time Warner, which jumped 10 percent on deal talk.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.