S&P 500 closed Thursday 4/03 at 5397, down 4.8% for the day, down 6.7% since election day, down 12.2% from ATH

Last edited Thu Apr 3, 2025, 04:14 PM - Edit history (35)

ATH is all-time high.

I only follow the S&P 500, as it is by far the best measure of the three (Dow, S&P 500, and Nasdaq) of the total U.S. stock market and far more representative of what people have on average. But see bottom of this post for a graph of the DOW, which closed at 40,546, down 1679 points (-4.0%) for the day.

The S&P 500 closed Thursday April 3 at 5397, down 4.8% for the day,

and down 6.7% from the 5783 election day closing level,

and down 10.0% from the inauguration-eve level,

and down 8.2% year-to-date,

and down 12.2% from its all-time closing high of 6144 on Feb 19.

Asked whether the stock market decline was due to his tariffs, Trump said March 6: “A lot of them are globalist countries and companies that won’t be doing as well because we’re taking back things that have been taken from us many years ago.” And Treasury Secretary Bessent said, Sunday, March 16, ""corrections are healthy.".

Quite a change after listening to RWers extolling the "Trump Trade" for four months.

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high (2/19/25): 6144

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

It is down 12.2% from its all-time closing high of 6144 on Feb 19. Anything between 5% and 10% down is in "pullback" territory. Corrections start at 10% down, and bear markets start at 20% down.

(It closed Thursday March 13 more than 10% down, making it officially the start of a correction. I don't know when corrections end -- when a new closing high occurs???)

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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update. It closed Wednesday at 40,546, a drop of 4.0% (1679 points) for the day.

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

DJIA means Dow Jones Industrials Average


https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/