The S&P 500 could drop another 100 points from here – or even 600 more, RBC says

Sep. 26, 2022 6:08 PM ETSPDR S&P 500 Trust ETF (SPY)By: Jerry Kronenberg, SA News Editor114 Comments

Price crash and bear market

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The S&P 500 (NYSEARCA:SPY) closed Monday at a 2022 low of 3,655.04, but RBC Capital Markets argues the index could shed another roughly 4% to reach 3,500 – or even 3,050 if equities experience a 1970s-style meltdown.

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