Live Updates > Live Update Details
2026-09-16 09:58:08
【Dow Jones records worst September start since 2008, oil prices, bond yields and AI concerns weigh on US stocks】 (1) Dow Jones market data shows that the Dow Jones Industrial Average recorded its worst performance in the first 10 days of September since 2008 on Tuesday; the S&P 500 and Nasdaq Composite also recorded their worst September start since 2020. (2) Coincidentally, Tuesday marked the 18th anniversary of Lehman Brothers' bankruptcy filing. FactSet data shows that the Dow Jones Industrial Average fell 6% in September 2008, followed by a further plunge of more than 14% in October of that year. (3) It is not surprising that US stocks have struggled so far this month. September has historically been considered the worst month of the year for major US stock indices; Dow Jones market data shows that September is the worst month on average for the Dow Jones, S&P 500, Nasdaq and small-cap Russell 2000 indices, and the only calendar month in which all four indices have an average decline. (4) Mark Gibbens, chief investment officer at Gibbens Capital Management, told MarketWatch that September has historically been a poor month, so the current situation is not surprising. However, he pointed out that calendar factors alone cannot explain this month's sharp fluctuations; this time, rising oil prices and bond yields, as well as growing concerns about AI, are the main reasons. Given that the Federal Reserve is expected to raise interest rates on Wednesday, US stocks may face further pain in the future.
