(Bloomberg) -- Following Monday's market crash that saw the S&P 500 Index decline by over 4 percent, investors worldwide are wondering what will come next. Bloomberg's analysis of the benchmark's median price return after a one-day decline of at least 4 percent during non-recession years since 1928 suggests some consolidation may occur over the next week before the equity rally resumes, ultimately returning around 14 percent in the next 12 months. The one wildcard that still remains -- how all the volatility and quant strategies behave in the next few days.
To contact the reporter on this story: Ye Xie in New York at yxie6@bloomberg.net.
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Emma O'Brien, Mark Cudmore
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