Rough Road Ahead? September is Dow’s Worst Month
Tired of August? Well, here comes September. And that’s likely not good news for investors.
Since 1896, September has been the worst month for the Dow (Dow Jones Global Indexes: .djia), with the index posting an average loss of 1 percent.
The average loss stands at 2 percent in the past 12 years.
During that period, there were 5 instances when the Dow fell more than 5 percent in September.
A glimmer of hope? In 5 of the last 7 Septembers the Dow managed finished the month in positive territory (Albeit the other 2 times, the Dow was down a solid -6 percent).
Here is a look at the Dow’s monthly performance: