S&P 500 Just Broke A Line That Last Time Triggered A 20% Crash - State Street SPDR S&P 500 ETF Trust (ARCA:SPY), Vanguard S&P 500 ETF (ARCA:VOO)

S&P 500 Just Broke A Line That Last Time Triggered A 20% Crash - State Street SPDR S&P 500 ETF Trust (ARCA:SPY), Vanguard S&P 500 ETF (ARCA:VOO)

Wall Street flashed a fresh technical warning Monday as the S&P 500 slipped below a key trend level, even as crude oil endured one of its most violent intraday drops since the pandemic-era crash. The benchmark index, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), closed below its 100-day moving average for the second consecutive session. The last comparable breakdown occurred on Feb. 27, 2025. Over the following weeks the S&P 500 dropped almo…