The S&P 500 is on track to close August down about 6.2 percent, its worst monthly performance since May 2010 and worst August since 2001, when it fell 6.41 percent.
As the month comes to an end, what will September bring? Historically, September ranks as the worst month for the Dow, S&P 500 and NASDAQ Composite.
Indeed, in the past eleven years, the Dow and S&P 500 have averaged a return of -1.77 percent and -1.35 percent, respectively, while the NASDAQ Composite has posted a loss of -2.29 percent.
The table below highlights the in September against its returns in other months. Since 2000, it has been the index’s third worst month.
Among the major S&P 500 sectors, seven out of ten have averaged a loss in September during the past eleven years, with technology, materials and consumer discretionary stocks underperforming the rest of the group.
Historic Performance in September
Dow since 1896:
S&P since 1928:
NASDAQ Composite since 1971:
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