Here’s Why the S&P 500 Just Had a Bad Week
The S&P 500 (SPX) just posted its worst week in the last two years, falling 3.8% between January 29 and February 2. As cited by Reuters, Suntrust Advisory Services chief market strategist Keith Lerner explained the reason behind the reversal of sentiments. The energy and material sectors were the worst performers in the S&P 500, falling 6.4% and 5.6% respectively.