Stocks on Monday were seemingly unraveling a bullish trend that now risks thrusting U.S. equity benchmarks into a bearish tilt that could set the stage for the worst September selloff in years for the major equity gauges.
With a decline of about 7.3%, the index is on track for its steepest decline in a September, since 2002, when it crumbled 11% in the month on the back of growing fears of inflating internet-related stocks, according to Dow Jones Market Data. The tech-heavy Nasdaq Composite Index COMP, -1.00%, which has helped to support the lion’s share of the market’s rebound from late-March coronavirus-induced lows, is down 9.7% in the month to date, setting up the possibility of its steepest September drop since 2008, at the height of anxieties during the 2007-08 financial crisis.
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I vow to boycott the economy
Bears need to find a place to hibernate.
Successful leftist instability propaganda.
sign that we will have the best October
MarketWatch loves to report down markets over and over, constantly, especially before the election. Very little reporting of continuous highs over the last few months... Wonder why 🤔 TDS
Green Day playing in the background.
Previous 5 months record highs.
Trade the market that is in front of you, not the market you want.
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Source: MarketWatch - 🏆 3. / 97 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: MarketWatch - 🏆 3. / 97 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »
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