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The worst month for stocks opens in the red… fresh attacks in the Middle East… why Louis is rooting for a weak jobs report… the Chinese bots behind the data-center backlash… two questions that Eric Fry asks to find “powerful” stocks
As I write on Tuesday, the first day of September, stocks are solidly in the red as they kick off what is historically the market’s worst month of the year.
Going back decades, September has been the weakest month for U.S. stocks, falling on average 1.2%. And this year, the market has no shortage of reasons to live down to that reputation. Behind today’s selloff are many of them…
U.S. forces struck Iranian Revolutionary Guard targets near the Strait of Hormuz earlier today, following a string of attacks on commercial shipping in the vital waterway – the latest escalation in a conflict that keeps threatening to boil over.
