The S&P 500 Jumps 1.96%

The S&P 500 rose 1.96% today to close at 1,941.28. This was the index’s best day all year. In fact, it was the index’s best day in more than a year. The last time the S&P 500 had a better day was on October 10, 2013 when it rallied 2.18%.

Looking at the chart below you can see how much daily volatility has picked up. Over a three-month period, from April to July, the S&P 500 didn’t have a single day where it rose or fell by more than 1%. In the last 19 days, it’s happened 10 times.

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Posted by on October 21st, 2014 at 6:59 pm


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