The S&P is having its worst start to a year since 1939
CNN
The S&P 500 fell more than 13% between January and April of this year. That's the worst four-month start to a year since 1939, when longtime legendary investor Warren Buffett was just nine years-old.
Comparing today's stock market to 83 years ago isn't an entirely apples-to-Apple (AAPL) comparison — for one, the S&P was made up of only 90 companies back then. But it has clearly been an abysmal first third of the year for investors from any reference point. The Dow was down 9% through April and the tech-heavy Nasdaq plummeted 21%.
The selling continued on the first trading day of May. The Dow was off about 450 points in midday trading Monday, or 1.4%. The Nasdaq fell 1% and the S&P 500 dropped another 1.5%.
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