Apr 23, 03:41 AM

S&P 500 Down 5.78% in Worst April Since 1970; Dow Near 1,000-Point Drop, Worst Since 1932

The U.S. stock market is experiencing its worst April performance in decades, with the S&P 500 down 5.78% after 15 trading days, marking the worst April since 1970 when it fell 9%. The Dow Jones Industrial Average recently dropped nearly 1,000 points and is on track for its worst April since 1932, during the Great Depression. Since President Trump's inauguration, the S&P 500's performance is the weakest for any president since 1928. Sector-wise, the energy (XLE), health care (XLV), and industrials (XLI) sectors are facing their worst April on record. Although international stocks have posted gains in April, U.S. equities continue to struggle. Earlier in the month, the S&P 500 was down 11.21% as of April 8 but had improved to a 4.21% decline by April 23, with five trading days remaining in the month.

#Dow Jones Industrial Average #Great Depression #Trump

Written with ChatGPT (GPT-4).

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S&P 500 Down 5.78% in Worst April Since 1970; Dow Near 1,000-Point Drop, Worst Since 1932

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