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The S&P 500 is expected to record its fifth consecutive week of declines, marking the longest weekly losing streak since 2023.
Golden Finance reported on March 27 that as of this week’s close (March 26), the S&P 500 Index (SPX) closed at 6,477.16 points, with a weekly decline of approximately 1.9%, officially confirming a consecutive fifth week of losses, marking the longest weekly decline cycle since 2023. The index has retraced approximately 7.2% from its historical high of 6,978.59 points on January 27, and on March 25, it fell below the 200-day moving average (6,619 points), triggering a key technical breakdown signal.