Apr 7, 01:37 PM

S&P 500 Opens in Bear Market Territory for First Time Since 2022, Facing 20% Drop from Highs and Potential 11.71% Decline

The S&P 500 index officially opened in bear market territory on April 7, 2025, marking its first entry into this phase since 2022. Analysts noted that if the index falls by 4% during the day, it would signify a three-day consecutive decline of at least 4%, a scenario that has only occurred three times in history, all during the Great Depression. The index has already dropped 20% from its recent highs, positioning it for one of the fastest declines since 2020. Should the S&P 500 close down 1.32% from its previous close of 5074.08 to approximately 5007.15, it would register an 11.71% drop over three days, placing it among the top 25 largest three-day declines in history, with the worst being a 26.34% drop on October 19, 1987.

#Great Depression

Written with ChatGPT (GPT-4o mini).