S&P 500 Snapshot: Stocks End Lower to Snap 3-Week Win Streak

Fixed Income Content Hub S&P 500 Snapshot: Stocks End Lower to Snap 3-Week Win Streak Jennifer Nash August 21, 2026 The S&P 500 wrapped up the week with a loss of 1.4%, snapping a three-week winning streak. Key Takeaways The S&P 500 posted a 1.4% weekly loss, its worst weekly showing since mid-July. The index is currently sitting 1.6% below its record close. The S&P 500 is currently up 12.1% year-to-date, while the S&P Equal Weight is up 15.5% year-to-date. Here is a snapshot of the index from the past week: The index is currently sitting 1.6% 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). And here is a linear chart of the index since October 9, 2007: Here is a linearly scaled version of the same chart with the 50- and 200-day moving averages. The index has been above the 50-day moving average since July 31st, 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. S&P 500: A Perspective on Volatility For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. On April 9th, 2025, the index experienced its largest intraday price volatility (10.77%) since December 24th, 2018 (19.10%). Also included is the 20-day moving average to identify trends in volatility. Over the past 20 days, the average percent change from the intraday low to the intraday high is 0.84%. S&P 500 versus S&P Equal Weight 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. So how do these two indexes match up against each other this year? The S&P 500 is currently up 12.1% year to date, while the S&P Equal Weight is up 15.5% year to date. ETFs associated with the S&P 500 include: iShares Core S&P 500 ETF (IVV) , SPDR S&P 500 ETF Trust (SPY) , Vanguard S&P 500 ETF (VOO) , SPDR Portfolio S&P 500 ETF (SPYM) , and Invesco S&P 500® Equal Weight ETF (RSP) . Originally published on Advisor Perspectives For more news, information, and strategy, visit the Fixed Income Content Hub . 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