4. Weekly Market Recap: Key Movements & Insights

September Slump: Navigating the Market's Historically Challenging Month

As we enter September 2024, the financial markets again demonstrate their historical tendency to cool off. In the first week alone, major U.S. stock indices have declined, with the S&P 500 down 4.42%, the Russell 2000 falling 5.98%, and the Nasdaq Composite slipping 6.18%. This aligns with the long-observed "September Effect," a phenomenon consistently …