Friday’s 3.6% tumble in the market — measured by the S&P 500 — jibed closely with the 3.5% average first-day market decline sparked by all sorts of shocking stock market news since World War II. That includes bombings and assassinations, according to a Monday morning report by Sam Stovall, U.S. equity strategist for S&P Global Market Intelligence. How much worse will things get? The S&P 500 lost 1.8% Monday. Historically, the market fell a total of 10.3% on average during the first 32 days after a notably jarring event.
History Predicts How Bad The Post-Brexit Market Volatility Will Get
