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BusinessTech Sector Braces for Challenging September Amid Lackluster August Performance

Tech Sector Braces for Challenging September Amid Lackluster August Performance

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1. “September’s Slippery Slope: History Predicts Another Challenging Month for Stocks”
– September has historically been the worst month for stock returns, with the S&P 500 delivering a negative 0.73% monthly return on average dating back to 1945.
– Investors should prepare for the possibility of disappointing results for both the S&P 500 and Nasdaq in the month ahead.

2. “Stocks Struggle in August, and History Points to More Turbulence in September”
– After a hot start to the year, stocks have slipped in August, and market history suggests that finding stability in September might be difficult.
– September has been the worst month on average for the S&P 500 since 1945, with less than half of the months seeing gains, while the Nasdaq has also struggled in September since 1971.

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