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S&P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What's Driving the Fear?

The S&P 500 and the Dow Jones Industrial Average indices appear to be tracing a concerning pattern of consecutive steep declines, a phenomenon last witnessed during the Great Depression.

What Happened: According to the historical data shared by analysts, both the key indices have triggered a rare sell-off signal.

Ryan Detrick, the chief market strategist of Carson Research, highlighted in an X post that if the S&P 500 closes down by 4% on Monday, it would mark the third consecutive day of a 4% or greater decline. He states that this has only happened three times in history, all during the Great Depression.

Should the S&P 500 close down 4% tomorrow, that would be three days in a row it was down at least 4%.That has only happened three times in history and all were during the Great Depression. pic.twitter.com/jEIsgoMl49

— Ryan Detrick, CMT (@RyanDetrick) April 7, 2025

Similarly, Jason Goepfert, a consultant at White Oak Consultancy LLC, ...