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Market Extra: S&P 500 on the brink of notching this nearly 50-year record as stock market swoons

It has been a punishing October for this aging bull market. And the degree to which stock-market sentiment has turned sour may be best illustrated by an unwelcome record.

If the S&P 500 index SPX, +0.74% ends lower in either of the final two sessions of October, it will mark its 17th down day, representing that the highest number of down days in a month since April 1970, according to Dow Jones Market Data. The broad-market index’s current number of declining sessions already ranks as the most since 2008.

Read: Why waiting for the stock market to bottom will ‘feel awful, like it always does’

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