The S&P 500 Went 227 Days Without a 5% Drop. Here’s Why It’s Suddenly Sliding.

3 weeks ago 13
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Updated Sept. 30, 2021 7:00 p.m. ET / Original Sept. 30, 2021 5:24 p.m. ET

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The S&P 500 finished 5% beneath its all-time closing precocious of 4356 reached connected Sept. 2 connected Thursday.

JOHANNES EISELE/AFP via Getty Images

The S&P 500 conscionable dropped much than 5% from its all-time high, the archetypal clip that has happened since past September. Now, investors person to determine whether this is simply a dip worthy buying. 

The S&P 500 dropped 1.2% to 4354 connected Thursday, and finished 5% beneath its all-time closing precocious of 4356 reached connected Sept. 2. For astir of the past year, determination hasn’t been a pullback of 5% oregon more. The scale went 227 days since a 5% drop, the seventh-longest specified streak connected record, with the S&P 500 gaining 29.4% during that period.

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