Stock market sees worst week of the year in September, Nasdaq and S&P 500 drop

From Google: 2024-09-06 18:41:15

The stock market saw the Nasdaq and S&P 500 have their worst week of the year in a volatile start to September. The Nasdaq fell 1.2% to 15,259.24, and the S&P 500 dropped 0.8% to 4,535.43. This comes after a substantial rise in August. Investors are cautious due to inflation concerns and uncertainty surrounding the Delta variant. Technology and consumer discretionary stocks were hit particularly hard. The Dow Jones Industrial Average also saw a decline, closing at 34,607.72, down 0.2%. Market volatility is expected to continue as economic data and Federal Reserve policy announcements are awaited.



Read more at Google: Stock market today: Nasdaq, S&P 500 see worst week of the year in volatile start to September – Yahoo Finance