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A 4.80% single-session decline in the Goldman Sachs Magnificent Seven basket is the group's largest one-day loss in five years, Goldman Sachs reported. Five years covers roughly 1,250 trading sessions, at 250 per year.
The 4.80% figure is the worst single-session result the basket has produced across that entire window. The five-year record Goldman Sachs compiles and tracks the Magnificent Seven as a cohort basket.
The bank designated the 4.80% one-day drop a five-year record for the group. No prior session in that lookback window produced a larger aggregate daily loss.
Goldman Sachs (GS) as source Goldman Sachs (GS) is both the compiler of the Magnificent Seven basket data and the source of the five-year record designation. The 4.80% figure is a reported result, not a projection.
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