According to Standard & Poor’s, the average daily change ? 1.25% – exceeds any comparable full-year figure on record since S&P began tracking the number in 1950.
The daily average beats the 1.13% recorded during the crash in October 1987, which saw the S&P 500 plummeting down 21.8% that month. It’s also higher than the 1.06% average daily change in 1974’s bear market .
The S&P 500 lost about a third of its value between January first and its 2001 low on April 4. It since has reclaimed some of these losses and is currently 18% lower for the year.