historically, worst month of the year for US stock market
September, which begins on Thursday, is historically the worst month of the year for the US stock market.
The Dow and S&P 500 and fell sharply in September last year and in 2020, even though the broader market rallied in both years.
That doesn't mean stocks are doomed to finish this September in the red, of course. Stocks rallied in each of the three Septembers prior to the pandemic.
But here's another potentially ominous sign: This is a midterm election year. The Dow has fallen in 11 out of the last 18 pre-midterm
Septembers going back to 1950, according to data from The Stock Trader's Almanac, CNN reported.
The Fed's next meeting about rate hikes is on September 21. Several key economic reports are on tap that will give investors more clues about the health
of the job market and whether inflation pressures are abating. Congress will be back in session just after Labor Day as well.
"There is no question that there are a number of geopolitical concerns and economic data that could lead to volatility