september performance: Since 1937, the average September performance of the S&P 500 index SPX, 0.06% and the Dow Jones Industrial Average DJIA, 0.16% is a 1% decline, while the Nasdaq Composite Index COMP, -0.13% has seen an average fall of 0.5%, according to Dow Jones Market Data, according to Market Watch. Dow Jones Market Data Caption outside of wrapper for normal article images Data on the Dow and S&P go back to 1937 and to 1973 for the Nasdaq Such performance wouldn't be welcome news for equity market investors, who suffered through a 1.7% August decline for the Dow, a 1.8% loss for the S&P and a 2.6% drop for the Nasdaq. August is typically a weak month for stock market performance, and September is the only month that, on average, is worse for equity-market prices. These are the worst August performances for all three benchmarks since 2015. The equal-weighted Value Line Geometric index VALUG, 0.03%, which tracks the median performance of roughly 1700 publicly listed companies, has fallen more than 15% below its Aug. 29, 2018 highs, illustrating the bifurcated nature of today's equity markets. And following an August when the S&P 500 has fallen more than 1.5%, the Dow performs worse, down 1.1% on average, while the Nasdaq has seen an average fall of 0.8%. The S&P 500 does a bit better than the average September following an August decline of 1.5% or more, falling 0.9%. August has been an even worse month for small-and-mid-cap stocks, as the S&P Mid Cap 400 and S&P Small Cap 600 are on pace for its worst Augusts since 2011, underscoring the struggles of the typical public company that have persisted all year.
(news.financializer.com). As
reported in the news.
Tagged under september performance, dow jones topics.