7 Surprising Market Data Points (after today’s selloff)
As the market melted down today, I did a deep dive into the underlying data. Some of these are less significant than others, but all were surprising: 1. INTEL (INTC): Today, Intel suffered its worst trading day in 52 years, falling 29.4%. The steepest one-day decline since 1974 came about due to a… Read More The post 7 Surprising Market Data Points (after today’s selloff) appeared first on The…
Intel experienced its worst trading day in 52 years, plummeting 29.4% following a disappointing profit forecast. Energy stocks, exemplified by the iShares US Energy ETF, surged 55.3% year-to-date, outpacing the S&P 500's 10.7% increase. Small-cap stocks, represented by the Russell 2000, surpassed both the Nasdaq and S&P 500, rising 15.2% compared to 10.7% and 12.4% respectively.
While the S&P 500 recorded 28 record closes in 2026, including 7,818.9 on October 6, this is fewer than in 2025, 2024, and significantly less than in 2021. Interestingly, the index achieved a record while the median stock fell 6%, with the index gaining 0.26% compared to a 6.36% decline among the 128 companies comprising the median.
Consumer discretionary, which typically aligns with negative sentiment, underperformed, declining 3.6% year-to-date despite the S&P 500's 10%+ increase. Lastly, the S&P 500 Equal Weight (RSP) outperformed the market-cap-weighted S&P 500 by over 300 basis points, suggesting a performance advantage.
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