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https://www.wsj.com/articles/why-are-markets-so-calm-its-revenge-of-the-quant-funds-26a93425
S&P 500 daily moves in either direction
Less than 1%
1% to 2%
2% or greater
2022
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
2023
Jan.
Feb.
March
April
May
TRADING DAYS
Source: FactSet
Peter Santilli/THE WALL STREET JOURNAL
Less than 1%
1% to 2%
2% or greater
S&P 500 daily moves in either direction
2022
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
2023
Jan.
Feb.
March
April
May
TRADING DAYS
Source: FactSet
Peter Santilli/THE WALL STREET JOURNAL
S&P 500 daily moves in either direction
Less than 1%
1% to 2%
2% or greater
2022
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
2023
Jan.
Feb.
March
April
May
TRADING DAYS
Source: FactSet
Peter Santilli/THE WALL STREET JOURNAL
S&P 500 daily moves in either direction
Less than 1%
1% to 2%
2% or greater
2022
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
2023
Jan.
Feb.
March
April
May
TRADING DAYS
Source: FactSet
Peter Santilli/THE WALL STREET JOURNAL
S&P 500 daily moves in either direction
Less than 1%
1% to 2%
2% or greater
2022
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
2023
Jan.
Feb.
March
April
May
TRADING DAYS
Source: FactSet
Peter Santilli/THE WALL STREET JOURNAL
Listen to article
(2 minutes)
The U.S. stock market is surprisingly calm right now, especially in the face of the
debt-ceiling fight. A key reason: a growing divide between mainstream investors, who have largely been sitting out the 2023 stock rally, and the machines whose buying has been driving it.
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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
