By JLP | September 29, 2008
That’s the sound the S&P 500 Index and other indexes are making today:
According to the Standard & Poor’s website, at Friday’s close the S&P 500 Index was down 5.44% for the month of September. Today ALONE, it is down 5.63% (at the time of this writing)! If this pitiful performance continues through tomorrow, the S&P 500 Index will be down over 11% for the month of September!
Oh, and in case you’re interested, here’s how this September’s performance compares with past Septembers.