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It was a rough start to the historically weak month of September on Wall Street.

Economic growth concerns and investor trepidation ahead of Tuesday's presidential debate and the Federal Reserve's policy meeting later in the month sank the market. For the week: The S & P 500 gave back over 4% in its worst weekly performance in a year; the Nasdaq plunged more than 5.5%; and the Dow Jones Industrial Average dropped roughly 3%. The sharp selling Friday was partly due to Club name Broadcom 's 10% post-earnings stock decline.

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Economic growth concerns and investor trepidation ahead of Tuesday's presidential debate and the Federal Reserve's policy meeting later in the month sank the market.

 

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