S&P 500 Snapshot: Sharpest Drop Since April 2025

2026-06-07 00:30:00 ET

By Jennifer Nash

Although the S&P 500 reached multiple record highs early in the week, its upward momentum was halted on Friday by the stronger-than-expected jobs report, which triggered the index's largest single-day drop since April 2025. This sharp plunge served as the primary driver behind the 2.6% weekly loss, ultimately snapping the index's nine-week winning streak. Here is a snapshot of the index from the past week:

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