Key Takeaways
- Can End Of Quarter Buying Come Through And Help Markets
- Looming Government Shutdown
- Personal Consumption Expenditures Data Later In The Week
It’s been a rough couple months for investors. Since hitting highs back in July, the S&P 500 and Nasdaq Composite have pulled back 6% and 8.5%, respectively. On Friday, the S&P 500 dropped 0.2%, capping off its worst week since March. The Nasdaq Composite fell just 0.1% but has been down three consecutive weeks. If either index closes lower this week, it will mark the first time this year we’ve had consecutive down months.
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