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The Winter Whipsaw

February 7, 2018 SEIA


WHAT HAPPENED.
After one of the better Januarys on record, February is experiencing one of its worst starts ever. On the 5th, the Dow Jones dropped 1175, the worst point-drop EVER. The S&P 500® dropped a whopping 113 points, hitting a low of 2638 at one point intraday. While the numbers are large – especially thinking back to when the entire S&P 500 index dipped below 700 during the depths of the financial crisis – the markets are much higher now, so investors (and the media) should really focus on the percentage drop.