S&P 500 · April 29, 2022
Closing the worst month since 2020
-3.63%
single-day change vs previous close
Part of a longer stretch
The 2022 inflation bear market
midway through · 2022-01-03 → 2022-10-12, -25.43% over the whole period
What happened that day?
- On 29 April 2022 the S&P 500 fell 3.63%, on the last session of the month
- The evening before, a large online retailer had reported its first quarterly loss in seven years
- The warehouses and staff it added during the pandemic became pure cost once demand returned to normal
- The same pattern — prices lifted by the pandemic unwinding as it ended — showed up across several companies at once
- That closed April as the worst month since March 2020
- In this stretch the index was 23.55% below its peak
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.