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Current DateTime: 09:35:57 04 Dec 2008
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Sep.05
12:38 PM ET
Friday, 5 Sep 2008
S&P and Nasdaq on track for 5-day losing streak

The NASDAQ and S&P were down for the 5th straight day and were down ~5.5% and ~4.2% respectively over their current losing streaks. The last time the NASDAQ and S&P were down 5 straight days was at the start of the year, when they both lost 7.5% over a five day stretch ending January 22, 2008.

In the Nasdaq's history there have been 79 five-day losing streaks (153 if you count longer streaks). The biggest 5-day loss was 25% or 1125 points in April 2000, as the internet bubble burst.

NASDAQ Streaks

In the S&P's history there have been 152 five-day losing streaks (282 if you count longer streaks). The biggest 5-day loss was 21% in September 1932. The biggest 5-day point loss was 159 points in April 2000.

S&P 500 Streaks

Some of the biggest losers today on the NASDAQ and S&P today include Safeway[SWY  Loading...      ()   ], Exelon [EXC  Loading...      ()   ], Jabil Circuit [JBL  Loading...      ()   ], Amylin Pharmaceuticals [AMLN  Loading...      ()   ], and AK Steel [AKS  Loading...      ()   ].

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