This study focuses on the negativity bias theory displayed by individuals scoring high on depressive symptoms when viewing emotional stimuli. Based on previous research on negativity bias in depressed individuals, two hypotheses were tested: (1) The valence scores are lower for individuals scoring higher on depressive symptoms when rating high arousal, low valence images, and (2) a magnified LPP amplitude is observed for more depressed individuals when viewing high arousal images with low valence. Participants (N=131) were university students (Mean age= 20.8). The International Affective Picture System (IAPS) images were used as stimuli, and scalp event-related potentials (ERPs) were recorded. The Patient Health Questionnaire-9 (PHQ-9) was used to determine levels of depressive symptoms and categorize participants into low, middle, and high levels of depressive symptoms groups. Results showed significantly lower LPP amplitudes and higher mean valence ratings for individuals scoring higher on depressive symptoms compared to the low and mid depressed groups. Based on the results, both hypotheses are rejected as more depressed individuals show flattened emotional responses to highly arousing, unpleasant stimuli.