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'Magnificent 7' stocks erase $797 billion in market value in worst day since April 2025
(finance.yahoo.com)
this post was submitted on 23 Jul 2026
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70's, 80's, 90's. Its just how the market used to be. News every evening would mention if it was up or down and down was not uncommon. every friday they would cap off the week with if it was up or down. again. down was not that uncommon.
Oh sure, daily volatility. That's still very much a thing. Here's the S&P500 over the last month with lots of "down" days:
So I'm confused about your statement that there aren't "down" days or weeks. Or even "down" months for that matter. Feb 2026 was a down month, so was March 2026. March, by itself was a 5.36% drop from the month prior for the S&P500. April and May were up over the prior month, but then June was lower than May. So that volatility in the micro view is still very much a thing. Over the longer time horizon, the trend is "up" though. That was the point I was making.
Having this volatility on the day, week, or month basis was very common prior to Jan 1 2000, and is still common now. So what point are you making on that?
im not saying there are absolutely no down days although I get I was not clear. More that they are not as common and small dips are reported like they are shocks. Like in 2000 a drop of 1% on the dow would be under 100 points and just looked at as a typical down day. would have to get closer to 5% to make the drop all that news worthy.