S&P 500 closed Friday 5/02 at 5687, up 1.5% for the day, down 1.7% since election day, down 7.4% from all time high

Last edited Fri May 2, 2025, 04:36 PM - Edit history (62)

ATH is all-time high.

I only follow the S&P 500, as it is by far the best measure of the three (Dow, S&P 500, and Nasdaq) of the total U.S. stock market and
far more representative of what people have on average. But see bottom of this post for a graph of the DOW, which closed at 41,317,
up 564 points ( 1.4%) for the day.

A reason: better than expected payroll jobs & unemployment rate report Friday

The S&P 500 closed Friday May 02 at 5687, up 1.5% for the day,
and down 1.7% from the 5783 election day closing level,
and down 5.2% from the inauguration eve closing level,
and down 3.3% year-to-date,
and down 7.4% from its all-time closing high of 6144 on Feb 19. (we were down 18.9% at the 4/8 close, nearing a bear market which is 20% down. )

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high (2/19/25): 6144
. . . A correction begins at 10% down which is 5530 - we crossed that threshold March 13.
. . . A bull market begins at 20% down which is 4915 - we haven't reached that level yet under Trump II
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8
. . . 10% above that level is 5481

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

It is down 7.4% from its all-time closing high of 6144 on Feb 19. Anything between 5% and 10% down is in 'pullback' territory. Corrections start at 10% down (at 5530), and bear markets start at 20% down (at 4915).

(It closed Thursday March 13 more than 10% down, making it officially the start of a correction. I don't know when corrections end -- when a new closing high occurs???)

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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT. It closed Thursday at 40,753, and it closed Friday at 41,317, a rise of 1.4% (564 points) for the day

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT


https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544
# DOW All Time High: 12/4/24: 45,014

# Correction level beginning 10% down: 40,513,
# Bear market level: beginning 20% down: 36,011 (we've not reached that level yet in Trump II so far)

I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/