February 4, 2022
Stocks In January 2022, the stock market saw some of its biggest declines in almost two years and even brief movement into correction territory. For the month: The S&P 500 was down 5.3%. Dow Jones Industrial Average was down 3.3%. Nasdaq Composite down 8.9%. That was the S&P 500’s worst month since March of 2020 when it saw a 12.5% decline. It was also Nasdaq’s worst month since March 20202. However, while starting the month with a swoon, stocks rebounded in the final days and continued a healthy recovery in February. Index prices are still more than 90% recovered from their […]
October 4, 2021
Stocks hit choppy waters. September was a month characterized by volatility on Wall Street, although a U.S. stock swoon wasn’t all-together unexpected after a record run of gains. In fact, it was the worst month for the S&P 500 since March of 2020 – the epicenter of a stock selloff due to the Coronavirus pandemic. Through September, the S&P 500 fell 4.8%, the Dow Jones dropped 4.3%, and the Nasdaq sank 5.3%. But all was not lost since, for Q3, the S&P still posted a slight positive gain of 0.2%, its sixth straight quarter and 7th straight month of gains, […]