04.10.2024 10:12:00
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The S&P 500 Just Had Its Best September in 11 Years. History Says the Stock Market Will Do This Next.
September has historically been the weakest month of the year for the U.S. stock market. In the last two decades, the S&P 500 (SNPINDEX: ^GSPC) has declined by an average of 0.6% during September, which is a half-percentage point worse than the next closest month.That inexplicable phenomenon, aptly known as the "September Effect," failed to materialize this year. Instead, the S&P 500 advanced 2% to clench its best September since 2013. And history says that momentum spill into the remaining months of 2024.Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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