S&P 500 Snapshot: Index Drops Below 50-Day MA

The S&P 500 started and ended the week on a sour note, ultimately resulting in a 1.6% loss. The index is currently sitting 2.0% below its record close reached on June 2nd, 2026. The S&P 500 is currently up 8.9% year-to-date, while the S&P Equal Weight is up 11.4% year-to-date. The index has been below the 50-day moving average since July 17th, 2026 and above the 200-day moving average since April 8th, 2026. Additionally the 50-day moving average has been above the 200-day moving average since July 1st, 2025. The S&P 500 is market cap-weighted index which includes roughly the 500 largest U.S. stocks spanning 11 sectors. The S&P 500 Equal Weight Index includes the same constituents as the S&P 500 but each company is equally weighted at a fixed weight. The S&P 500 is currently up 8.9% year to date, while the S&P Equal Weight is up 11.4% year to date.