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 Another tough month for stocks as S&P 500 drops sharply on worries of slowing economy
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The S&P 500 fell 4.2% last week due to concerns about the U.S. economy; September is historically the weakest month for stocks, with an average decline of 1.2% since 1928; Chicago Federal Reserve Bank President Austan Goolsbee expressed concerns about economic data; Treasury Secretary Janet Yellen claimed the labor market is healthy despite weakening data; analysts are cautious following a strong rally in early 2024; investors await Wednesday's inflation report and the performance of big tech stocks like Nvidia.

#Stocks #S&p500 #Economy #Recession #LaborMarket #Inflation #TechStocks #AustanGoolsbee #JanetYellen #September

https://dallasexpress.com/business-markets/another-tough-month-for-stocks/