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الاقتصادية
Wall Street braces for potential September decline
The article discusses the poor performance of the Wall Street markets in September, highlighting that historically, the market tends to experience a decline or weak performance during this month. The S&P 500 and Dow Jones indices decreased by 1.1% in September, and the Nasdaq index performed very poorly. Theories explain this decline as a result of increased trader reactions to news after the summer holidays or portfolio rebalancing by investors as the year draws to a close, alongside rising trading volumes which are considered a contributing factor. Despite the optimism stemming from a strong August, caution remains dominant due to rising interest rates, inflation and employment data expected soon, and market anticipation of the Federal Reserve’s decision on monetary policy scheduled for September 16. This is amidst ongoing economic tensions and upcoming economic reports.
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