It’s the End of an Era as S&P 500 Breaks Out of Range: Chart

U.S. stocks fell 2.5 percent on Friday in the worst selloff since Britain voted to leave the European Union. The S&P 500 Index fell out of the tightest trading range ever recorded -- halting a streak without any moves of more than 1.5 percent that dated back to July. It also closed below its 50-day moving average for the first time since June.

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