S&P 500 Drops Below 6,600 for First Time Since Late September
The S&P 500 index dropped 2.71% on October 10, marking its largest weekly decline since May, yet remains significantly higher than its April 2025 low.
Summary
On October 10, the S&P 500 index closed down 182.61 points or 2.71% at 6,552.50, marking its largest weekly decline since May. Despite the drop, the index remains over 36% higher compared to its low in April 2025.
Terms & Concepts
- S&P 500: A stock market index tracking the performance of 500 large U.S. companies, widely regarded as a leading indicator of the U.S. equity market.