After seven straight months of gains for the S&P 500 and a near 20% rally this year, many expect bumpier trading and lower returns for the rest of the year.
that supports the push for the wide use of vaccine booster shots.
After seven straight months of gains for the S&P 500 and a near 20% rally to records this year, many on Wall Street expect bumpier trading and lower returns for the rest of the year. History is also not in the market's favor as September tends to be a typically negative month for stocks. The S&P 500 has fallen 0.56% during the month on average since 1945, according to data from CFRA.
So far this month, the 30-stock Dow is down 1.6%, while the S&P 500 has declined 0.9%, on track for its worst monthly performance since January. The Nasdaq has fallen 0.6% this month.
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