Trick or treat for markets?
September has shaped up to be a relatively bullish month for the stock market despite a number of scares, including an impeachment inquiry and a rip-roaring IPO market that has petered out, but investors may be wondering if October will live up to its historic billing as another weak period for equities.
However, the worst may not be over for markets in October, during what has been described as the “jinx month” for stocks by Stock Trader’s Almanac. Detrick also noted that poor equity performance in an October that has preceded an election year has been skewed by the historic 1987 crash. That being said, perhaps the Russell 2000 can buck that trend after coming off a gain of more than 2.3% in September. Last year, the small-cap benchmark put in its worst decline since 2008, tumbling 10.91%.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A ‘jinx month’ for the stock market is about the get under way — that’s very bad news for small-cap investorsSeptember has shaped up to be an upbeat month for the stock market despite a number of scares, including an impeachment inquiry and a rip-roaring IPO market that has peter out, but investors may be wondering if October will live up to its historic billing as another weak period for equities.
Read more »
A ‘jinx month’ for the stock market is about the get under way — that’s very bad news for small-cap investorsSeptember has shaped up to be an upbeat month for the stock market despite a number of scares, including an impeachment inquiry and a rip-roaring IPO market that has peter out, but investors may be wondering if October will live up to its historic billing as another weak period for equities.
Read more »
GOP Rep. Chris Collins submits resignation ahead of plea change in insider trading caseInvestors are not ready to call this month's surge in value stocks a turning point for the depressed area of the market.
Read more »
The Bad News on China’s Economy Gets a Little Better This MonthGauges of China’s manufacturing activity rebounded in September thanks to improving domestic demand, but orders from overseas markets remained subdued amid a protracted trade fight between Beijing and Washington.
Read more »
Apple's stock surges back above $1 trillion market cap in intraday trading, pacing DowShares of Apple Inc. rallied 2.4% in midday trading toward a near 11-month high, after J.P. Morgan raised its price target, citing signs of...
Read more »
Here’s Everything WeWork Is Selling To Save Its Business Post-NeumannWeWork is cutting costs in a bid to restore investor confidence.
Read more »