Nasdaq ends 5.8% below its October 6 record while the S&P 500 sits 0.8% under its peak

US stock indexes ended last week's volatile trading below their records, with the technology-heavy Nasdaq Composite the furthest away, according to index data published by the St. Louis Fed.

Where the indexes stand

The Nasdaq Composite closed at 26,008.86 on October 22, which is 5.76% below its record close of 27,599.89 on October 6 (computed). The index fell 2.6% on October 22 alone, and 2.15% on October 16.

The S&P 500 closed at 7,757.17 on October 21, the latest date available in the series. That is 0.79% below its record close of 7,818.93 on October 6. The Dow Jones Industrial Average closed at 52,867.98 on October 22, 2.73% below its record close of 54,349.12 on August 5, according to the Fed's Dow series.

The past week

In the seven sessions since October 13, the Nasdaq fell 4.4%, from 27,204.38 to 26,008.86 (computed). The S&P 500 fell from 7,818.93 on October 6 to 7,659.44 on October 16, a drop of 2.0%, before recovering (computed).

A definition

A decline of 10% or more from a recent high is commonly called a correction. The Nasdaq would reach that level at a close of 24,839.90 or lower, which is 4.5% below its October 22 close (computed).

About the data

The S&P 500 series ends on October 21; the Nasdaq and Dow series run through October 22. Records are closing levels within the series reviewed for this article, which begins September 2, 2025.