S&P 500 Fell In June, July — History Says Worst Is Yet To Come - State Street SPDR S&P 500 ETF Trust (ARC

After a down month of June for the S&P 500, which is tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), the market index couldn’t fare any better in July.

After two down months this summer, the market could see negative returns the rest of the year based on historical data.

June and July Both Down Not Good News Data from Carson Investment Research Chief Market Strategist Ryan Detrick might not be what investors want to see to start the month of August.

The data shows that in the months that had negative returns for both June and July dating back to 1963, only four of the 12 years ended up having a positive return the rest of the year.

The other eight months had a negative return the rest of the year.