Connect with us
Including today's trading, the S&P 500 has endured its worst three-session fall since 2011, and the losses have eliminated any gains that the index has gained since the start of the year.

archive

S&P 500 Loses Year-to-Date Gain on Tech Stock Decline

Including today’s trading, the S&P 500 has endured its worst three-session fall since 2011, and the losses have eliminated any gains that the index has gained since the start of the year.

S&P 500 Loses Year-to-Date Gain on Tech Stock Decline (Bloomberg)

Including today’s trading, the S&P 500 has endured its worst three-session fall since 2011, and the losses have eliminated any gains that the index has gained since the start of the year. Falling tech stocks led the decline. â??If you take a closer look under the hood, things have been deteriorating for a while now,â?ť Ryan Detrick, senior technical strategist at Schaefferâ??s Investment Research in Cincinnati, said. â??Small caps and tech have been breaking down all over the place the past month, with the big blue chips holding tough. Well, now it looks like the last place bulls were hiding is finally starting to crack.â?ť

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

MILK-FAKE: UK Papers Push Farage Fake News 1 Day Before Election

FOREIGN AFFAIRS

Obama Judges Kill Americans’ Privacy to Help Democratic House Harass Trump

U.S. POLITICS

Human Events from London: Farage’s Eyes Power As Brexit Party Surges.

FOREIGN AFFAIRS

Extinction Rebellion’s Useful Idiots: Climate Alarmism Does Far More Harm Than Good

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter