CNBC Daily Open: Stocks are entering the hottest period of the year

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Markets also like November because the month brings heat. It's historically the best month for stocks, and ushers in strong seasonal performance.

A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Shares of Dutch health product giant Philips slumped 16.9% after the company cut its full-year forecast on weak demand from China.

Markets also like November, though for completely different reasons. They like heat, and November brings it. Before getting too excited, however, keep in mind analysts are bullish on stocks over a two-month period. The year ahead stretches long and wide: nothing lasts forever, even stocks' November reign.

 

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