S&P 500 Snapshot: Stocks Edge Lower for 2nd Straight Week

Fixed Income Content Hub S&P 500 Snapshot: Stocks Edge Lower for 2nd Straight Week Kirsten Chang September 21, 2026 The S&P 500 wrapped up the week with a fractional loss of nearly 1%, ending lower for a second straight week. Key Takeaways The S&P 500 ended fractionally lower for the week, down 0.08%. The index is currently sitting 1.9% below its record close. The S&P 500 is currently up 11.76% year-to-date, while the S&P Equal Weight is up 10.47% year-to-date. Here is a snapshot of the index from the past week: The index is currently sitting 1.9% below its record close reached on August 13th, 2026. The table below summarizes the number of record highs reached each year dating back to 2013. Here is a snapshot of the index from the past six months with a 50-day moving average: S&P 500: A Perspective on Drawdowns On October 9, 2007 the S&P 500 reached a then all-time high, closing the day at 1565.15. Then on March 9, 2009, the index dropped ~57% off of its high from exactly 17 months before, closing the day at 676.53. This time period became known as the Global Financial Crisis. It took over 5 years before the index reached a new then all-time high on March 28, 2013, where it closed out at 1569.19. The chart below is a snapshot of record highs and selloffs since the 2007 peak reached on October 9, 2007. What happens if we take out the Global Financial Crisis? Here’s a snapshot the same chart above where the start date has been changed to the trough reached on March 9, 2009. Note the recent selloffs in 2022. Here are a few tables with the number of days of a 1% or greater change in either direction and the number of days of corrections (down 10% or more from the record high). Continue Reading » RELATED TOPICS expert insights fixed income Content Hub Invesco iShares IVV - iShares S&P 500 Index ETF jen nash jennifer nash RSP spdr SPY Earn free CE credits and discover new strategies