The S&P 500 Index Finished Q1 With a 20% Loss. What’s Next? by Gary S. Morrow | Apr 1, 2020 | Chart of the Day, Market UpdateMore great stats from Ryan Detrick of LPL Research: When the S&P 500 Index drops more than 10% in the first quarter the remainder of the year is usually quite strong. On average, up nearly 40%. Wow.