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.
On April 8, the S&P 500 was down -11.21% for the month. As of the close on April 23, the monthly tally is -4.21%. There are five trading days left in the month of April. Full month TBD.
"Worst April since the Great Depression" earlier this week. $SPY is now -3.4% so far this month Oh, and international stocks are positive in April. $EFA $VEU $VWO $EEM https://t.co/t9EBkOxXdi
Dow is heading for its worst April since the Great Depression https://t.co/TRj5PB7f6U https://t.co/kpH2Bbm0xY