September Is Once Again a Tough Month for Stocks.

September has historically been a challenging month for stocks, and this year is no exception. The S&P 500 dropped 4.2% last week due to concerns about the US economy, including weaker-than-expected job growth and manufacturing data. September has historically been the weakest month for stocks, with the S&P 500 declining an average of 1.2% since 1928. Investors are now awaiting the inflation report and monitoring the performance of big tech stocks. The Federal Reserve is expected to cut interest rates at its upcoming meeting, but there is debate over the extent of the cut. The market remains volatile due to uncertainty over the Fed's plans and the upcoming November election. Despite the recent slide, the S&P 500 is still up 13% for the year. [Extracted from the article]