Historic Volatility

Extreme volatility continued as the war against the COVID-19 (coronavirus) global pandemic continues and extreme containment measures caused significant disruption to the US and global economies. The S&P 500 Index has declined more than 32% from its February 19 closing high after its biggest weekly loss since 2008 this week. An unprecedented streak of 8 straight days of 4% daily moves in the index ended Thursday.

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