The S&P 500 hasn’t fallen by at least 5% in nearly 200 sessions — Here’s what history says happens next
August 19, 2021 at 15:25 PM EDT
Absent a sharp sell off, Friday will mark the 200th session that the S&P 500 index hasn't produced a drawdown of at least 5% from its recent peak, making the current stretch of equity levitation the longest since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.
