August once again lives up to its dismal reputation for stocks

The S&P 500 is down more than 3% this month, on pace to snap a five-month advance.

The Nasdaq Composite is also headed for its biggest one-month loss since December, falling 5.2%. The Dow Jones Industrial Average has declined 3% in August. There are several things pressuring Wall Street now, ranging from seasonal factors to concerns about the global economy and the Federal Reserve. Here's a breakdown.This behavior, at this time of the year, isn't out of character.

. Go back 20 years and the performance gets worse: The S&P 500 has averaged a monthly 0.1% loss in that time.Lower trading volumes: Trading tends to decline in August as traders and investors go on vacation before the summer ends. This can lead to more volatile swings in prices.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Chainlink (LINK) in 'Crab Market' for Almost 500 Days, What Can Fix It?Despite importance of Chainlink's technologies, LINK's price remains stagnant for more than a year
Sumber: Utoday_en - 🏆 295. / 63 Baca lebih lajut »