What to Dread and Love in Stocks During ‘Bad News’ September
- Nomura expects stocks to climb into mid-month before dropping
- LPL says after August declines, S&P 500 ends the year higher
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Everything from history to options expiration and buyback calendars may come into play in a September that’s expected to be volatile for U.S. stocks, strategists say.
There’s a lot going on this month. U.S. tariffs on $110 billion of Chinese goods took effect Sunday, as did some retaliatory measures by China. Trade talks between the two countries are still planned to go ahead -- and economic data will be scrutinized for signs of any impact from the dispute. There’s a Federal Open Market Committee meeting on Sept. 18, and this week alone will feature speeches from Federal Reserve Chair Jerome Powell as well as numerous other officials. And then there will be the almost inevitable tweets from President Donald Trump.