Rather, investors will be glad to know that October kicks off what is typically a good three months for stocks, following a month in September that historically tends to be rough. And Septembers have been especially rough lately. The S&P 500 index posted September declines of 3.9% in 2020, 4.8% in 2021, 9.3% in 2022 and 4.7% in 2023.
"To suggest that someone trade purely off the market's seasonal tendencies is a fool's errand," says Liz Ann Sonders, managing director and chief investment strategist at Charles Schwab. To be clear: That rally may not come any time soon. The market may hit the skids into the end of the year. The key for investors is to stick to your long-term plans and continue to buy periodically, regardless of what the market is doing.
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Stock Market Today: Stocks higher, Treasury yield slide on dovish Fed rate signalsU.S. equity futures edged higher Wednesday, with stocks looking to extend their recent run of gains to a fourth consecutive session, as markets react to more dovish rate signals from Federal Reserve officials heading into the start of the third quarter earnings season. While maintaining a close and ...
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Stock Market Today: Stocks higher, yields retreat with inflation in focusWall Street is looking to extend its win streak to a fifth consecutive session Thursday as investors continue to track the pullback in Treasury bond yields into the start of the third quarter earnings season.
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