Historically Bearish Month Kicks Off with Record Highs
Schaeffers Investment Research·2025-09-06 02:10
The most bearish month of the year (historically) kicked off appropriately on Tuesday, with a broad-market selloff triggered by tariff updates, rising bond yields, and more tech profit-taking to start the holiday-shortened week. Despite this, all three major indexes went on to mark record highs on Friday, though only the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) are headed for weekly wins, while the Dow Jones Industrial Average (DJI) eyes its second-straight weekly loss. Investors unpacked weak ...