S&P 500 Snapshot: Down Again
The S&P 500 declined four out of five days this week, ending Friday higher than all but Monday's close. The index is down 19.7% YTD and is 20.25% below its record close - that makes four consecutive "bear" days and twelve of the last 19.
The U.S. Treasury puts the closing yield on the 10-year note as of July 1 at 2.98% which is above its record low (0.52% on 8/4/2020). The 2-year note is at 2.92%. See our latest Treasury Snapshot here.
Here's a snapshot of the index going back to 2012.