FYI: The U.S. stock market plummeted on Monday, with major indexes tumbling in a historic drop that represented the biggest one-day percentage decline in years. The selling may be enough to scare investors away from Wall Street, but if history is any guide, it shouldn’t be.
According to the WSJ Market Data Group, there have been 131 sessions in the history of the S&P 500 SPX, +0.88% with a 4% drop, as occurred on Monday. Typically the benchmark index quickly recovers after such drops, although the odds are little better than 50-50 on shorter time frames.
Regards,
Ted
https://www.marketwatch.com/story/heres-how-the-stock-market-typically-performs-in-the-aftermath-of-a-major-rout-2018-02-06/print
