The S&P 500 has fallen nearly 5% in August, and opinions on whether stocks will rebound are divided among Wall Street firms and market commentators, with some, like Goldman Sachs and Fundstrat, remaining optimistic while others, including Michael Burry and David Rosenberg, are bearish.
The Dow and S&P 500 ended slightly lower due to concerns about the Federal Reserve keeping interest rates higher for longer, while the Nasdaq finished barely in the green; the financial sector fell 0.9%, dragged down by an S&P downgrade of credit ratings of regional U.S. lenders, and investors are awaiting clarity on the rate outlook from Fed Chair Jerome Powell.
The stock market experienced a sharp decline as early gains turned into a selloff, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all falling; concerns over rising bond yields and inflation contributed to the sell-off.
Investors were disappointed as early gains in stock markets reversed, with the Nasdaq Composite leading the downward trend, and stocks like Marvell Technology and Nordstrom losing ground due to their respective quarterly financial reports.
Summary: Despite a dismal August for the stock market, the S&P 500 narrowly avoided a particular negative outcome, setting up for the next test.
The Pakistani stock market experienced significant losses in response to rumors of an interest rate hike, economic uncertainty, and the depreciation of the rupee.
Stocks have historically performed poorly in September, with an average loss of 1.12%, but investors should not base their decisions solely on this statistical trend and should focus on buying fundamentally strong companies at reasonable prices.
The S&P 500 fell while the Nasdaq rose after U.S. inflation data met expectations, suggesting the Federal Reserve may pause its monetary tightening, while Salesforce shares climbed on a positive revenue forecast.
The S&P 500 Index experienced its best week since June, while Bitcoin faced a marginal loss due to the delay of spot Bitcoin exchange-traded fund applications by the Securities and Exchange Commission, although analysts remain optimistic about future ETF approvals.
U.S. stocks slipped as worrying data out of China and a spike in oil prices following the extension of Saudi Arabian production cuts weighed on the market. The Dow Jones Industrial Average fell 0.6%, while the S&P 500 lost 0.4% and the Nasdaq dipped 0.1%.
Stock indexes decline as concerns about future rate hikes and sluggish market performance in September weigh on investor sentiment, with the tech-heavy Nasdaq Composite falling for the third consecutive day and the Dow Jones Industrial Average and S&P 500 on a two-day losing streak.
Summary: The Nasdaq and S&P 500 closed slightly higher on Friday after a week of losses, while the Dow Jones Industrial Average rose 0.2%; however, all three major indexes ended the week lower due to rising oil prices, stronger-than-expected labor market data, and China's iPhone ban.
U.S stocks are recovering from losses, with the S&P 500 and Dow Jones Industrial Average both up 0.4%, as tech stocks lead the market higher and investors await key data on inflation this week.
The S&P 500 and Nasdaq declined as oil prices reached their highest level of the year, while Oracle's shares plummeted due to missed forecasts, and Westrock's shares rose after a purchase agreement.
The S&P 500 and Nasdaq ended the week slightly lower due to a decline on Friday caused by higher bond yields and oil prices, while the Dow Jones Industrial Average saw a small weekly gain.
Almost all S&P 500 sectors experienced losses in the stock market, with consumer discretionary stocks leading the declines, while financials were the only sector in the green.
Summary: Dow Jones futures, S&P 500 futures, and Nasdaq futures all rose overnight, while the stock market correction continued with heavy losses as the 10-year Treasury yields surged, leading to the S&P 500 undercutting its August lows and the Nasdaq and Dow Jones coming close to doing the same.
Stocks plunged on Thursday and the S&P 500 suffered its worst day since March as increasing investor risk aversion and a surge in bond yields raised concerns about the US economy and impacted both stock and bond investors.
Major stock market indexes dipped into negative territory on Wednesday, continuing Tuesday's losses, despite some positive news from August durable goods numbers. The Dow Jones, S&P 500, and Nasdaq all saw declines, with the Dow Jones now breaking its 200-day moving average.
Despite September historically being a weak month for stocks, the next quarter tends to be the best-performing period of the year, making it a good time to invest in undervalued stocks like Alphabet.
The S&P 500 fell as investors reacted to an inflation report and adjusted their portfolios on the last day of a weak third quarter for stocks, with the benchmark index also on track to post its biggest monthly percentage drop of the year.
Wall Street closed lower for the third quarter, breaking three straight quarters of gains, as the Dow, S&P 500, and Nasdaq all fell sharply.
Historically the worst month for stocks, September sent the market lower for the third quarter, causing pain on Wall Street.
Stocks mostly fell in the U.S. on Friday, with the S&P 500 and Dow Jones Industrial Average declining, while the Nasdaq Composite inched up; all three indexes ended the month of September in the red, with the S&P and Nasdaq experiencing their worst monthly performance since December, and the Dow having its worst showing since February.
The recent losses in the S&P 500 could be beneficial for the overall index, as market breadth and gains across companies are considered signs of a healthy stock market, according to Wall Street strategists. The outperformance of a select group of large-cap stocks known as the 'Magnificent Seven' is expected to give way to a cyclical trade led by the other 493 companies in the index.
The S&P 500 closed out the quarter with a 3.6% loss, attributed to factors such as rising interest rates, a slowing housing market, and businesses preparing for tough times, resulting in a slow decline in stocks. Additionally, the resumption of student loan payments and expectations of more rate hikes from the Federal Reserve are expected to impact consumer spending power and business cutbacks. However, as the year comes to an end, traders and investors may look forward to 2024 for possible rate cuts and a return of strength in the market.
The U.S. stock market had a relatively flat performance in the third quarter, with stocks falling 3.2% from where they started, while energy stocks had a strong rally and real estate stocks crumbled; the bond market experienced losses, and unless there is a sudden change in the outlook, it is on track for its third straight year of losses; value stocks outperformed growth stocks, and dividend strategies held up better than the broader market; the Fed maintained its higher-for-longer stance on interest rates, contributing to volatility in the bond market; and major cryptocurrencies, such as Bitcoin and Ethereum, ended the quarter down approximately 12%.
The Federal Reserve's aggressive interest rate hikes have resulted in a decline in the profitability of S&P 500 companies, with the return on equity ratio falling this year, and the trend could worsen if interest rates remain high.
The stock market's decline has pushed the Dow into negative territory for the year, and the focus is now on the S&P 500's approaching level of support at 4,200.
The Dow Jones Industrial Average and other indexes took a major hit in the stock market, with the Dow falling more than 500 points and the Nasdaq and S&P 500 also experiencing significant losses, as the cost of borrowing money increased and the yield on the Treasury 10-year bond reached a 16-year high.
The stock market declined as the Dow lost 430 points and the Nasdaq lost 248 points, with the overall market being negatively affected by a higher 10-year bond yield and robust labor force data, while political turmoil in the House of Representatives and the possibility of a government shutdown added to the market's uncertainty.
The Dow experienced its worst day since March and fell into negative territory for the year as an unexpected surge in job openings and political dysfunction in Washington caused concern among investors and led to a plunge in stock indexes.
Stock markets experienced a decline as Treasury yields reached a 16-year peak, leading to a 1.2% decrease in the Dow Jones Industrial Average and notable declines in the S&P 500 and Nasdaq Composite, with concerns of higher interest rates provoking fears of an economic recession.
Wall Street's major averages ended slightly lower as investors awaited the non-farm payrolls report and grappled with mixed economic data, while the tech-heavy Nasdaq Composite and benchmark S&P 500 both pared back losses, and defensive sectors outperformed.
The US stock market experienced losses in the third quarter, driven by rising US Treasury yields, leading to a surge in the US dollar and a hostile environment for gold and silver; the fourth quarter may see a continuation of this trend if US yields continue to rise.
The S&P 500 broke a four-week losing streak, but market breadth was poor and the small cap Russell 2000 fell into the red for the year, suggesting that higher interest rates are taking a toll on the economy and increasing the chances of a recession.
The Dow Jones Industrial Average rose 0.5% and the S&P 500 gained 0.6% amid ongoing conflict in Israel and ahead of key economic data, while the Nasdaq led with a 0.7% gain, and the small-cap Russell 2000 index gained more than 1%.
Investors are cautious ahead of the third-quarter earnings season, as a decline is expected for the fourth consecutive quarter, with a 0.4% year-over-year decline predicted for S&P 500 companies, which could negatively impact stock prices if expectations are not met.
The S&P 500 and Nasdaq saw declines as megacap stocks overshadowed positive earnings from major U.S. banks, while the Dow Jones Industrial Average rose, and concerns over the conflict in the Middle East led to a rally in safe-haven assets.
Stocks rose last week, with the S&P 500 increasing 0.4%, and analysts expect S&P 500 companies to report a second consecutive quarter of earnings growth; however, the expectation that profit margins will expand again remains controversial.
The third-quarter reporting season is expected to bring positive earnings growth for the S&P 500 index, with companies beating expectations, but guidance for the future and profit margins will be crucial in supporting valuations amid rising interest rates and inflationary pressures.
Despite ongoing macro headwinds, S&P 500 companies are beating earning expectations and signals suggest that corporate America's earnings recession may be over, however, the macro picture and uncertainties still create choppiness and challenges for companies.
John Hussman, who accurately predicted the 2000 and 2008 market crashes, warns that the S&P 500 could drop by as much as 63% due to high valuations and weak market breadth, which have historically led to significant losses for investors.
Investors hoping for a revival in the S&P 500 due to U.S. corporate earnings growth may be disappointed as inflation remains volatile, according to strategists at BlackRock Investment Institute.
Stocks faced heavy losses as investors reacted to mixed earnings reports from tech giants Microsoft and Alphabet, while rising Treasury yields added to the pressure on tech stocks. The S&P 500 and Nasdaq closed at their lowest levels since May, with the Nasdaq suffering its worst day in eight months. Alphabet shares fell over 9% despite beating earnings and revenue expectations, while Microsoft stock rose 2% on positive results. Other tech giants, including Amazon and Meta, also saw significant losses.
The stock market experienced losses as the S&P 500 and Nasdaq fell, while the Russell 2000 reached a 52-week low, and the 10-year Treasury yield increased; Meta stock, ServiceNow, and KLA Corp were affected by earnings reports, and several important economic reports are expected.
U.S. stocks deepen losses as disappointing earnings and concerns about a slowing economy outweigh strong GDP growth.
Summary: Stock losses continued to accelerate in afternoon trading as investors reacted to disappointing Big Tech earnings reports and rising bond yields, with the tech-heavy Nasdaq leading the declines, down about 2%.
