P Index: Google Searches and Stock-Market Performance

p index: The S&P 500 was down around 4.6% for August at its lowest close of the month so far but has subsequently trimmed its month-to-date decline to 1.7%. In a Tuesday note, he wrote that Google searches for dow jones for the week of Aug. 11-17, the last full week of data, are up 28% from the peak May week see chart below . Caption outside of wrapper for normal article images So what While the S&P 500 index is indeed the preferred measure of U.S. stock-market performance and the benchmark for funds, Colas said that Main Street googles dow jones' when they are worried about stock-market volatility, according to Market Watch. The concern for investors is that stock market volatility and more chatter about recession indicators flashing warning signs could lead to make U.S. consumers more cautious headed into the 2019 holiday season, he said. Nicholas Colas, co-founder of Data Trek Research, observed on Aug. 8 that Google searches for dow jones were higher than they were in May, when the blue-chip Dow Jones Industrial Average DJIA, 1.25% retreated 6.7% and the S&P 500 index SPX, 1.27% suffered a 6.6% decline due to a flare-up in U.S.-China tensions over trade policy. Watch This asset class could let you profit from volatility There might be a small bit of comfort in that search volumes were still 14% below the 12-month high seen during the last week of December, when markets suffered a sharp rout. The main take-away from the current search interest, he said, is that even if average Americans don't own equities, they know that volatile stock markets signal the potential for job losses and even recession. Attention turned away from the market in January as the market recovered, Colas noted. (news.financializer.com). As reported in the news.