The S&P 500 Index is one of the most followed indices for equity markets in the world (Investopedia). The question will be suspended on 29 June 2025 and the outcome determined using data from S&P as reported by the Federal Reserve Economic Data (FRED) database (FRED). On 5 December 2024, the closing value was 6,075.11, and 4,860.09 represents a 20% fall from the closing value on 5 December 2024.

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