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.


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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.