Posted on 08/31/2015 5:02:31 PM PDT by SkyPilot
The month of August can be pretty rough for stock investors. But this August has earned its place in the record books, as stocks were unsettled by uncertainty over the state of affairs in the world’s second largest economy, China.
As far as Augusts go, this has been the worst in nearly two decades for the Dow Jones Industrial Average DJIA, -0.69% The Dow posted a roughly 6.4% decline in August, which marked the worst month in more than five years for the market gauge, which tracks the performance of 30 stocks. Comparing the month with other Augusts, the blue-chip index registered its worst August since 1998, based on data from Dow Jones.
Overall it was the sixth worst monthly performance for the Dow and the worst since May 2010, when the Dow dropped 7.9%, according to FactSet data.
Meanwhile, the broader U.S. stock benchmark, the S&P 500 SPX, -0.84% posted a 6.3% fall in August, its worst monthly tumble in more than three years. Stacked up against other August returns, the S&P 500 marked its worst fall since 2001, when it tumbled 6.41%, according to Dow Jones research.
(Excerpt) Read more at marketwatch.com ...
those who enabled this piece of dirt to be president TWICE are to blame....
What is the upper picture of Sky?
10-4 Thanks
Agreed. The US list of visible sins is major starting with homo marriage, on to dissecting and selling babies, ignoring the suffering in the middle east and on to signing the anti-Isral agreement with Iran. We are SO going to pay for the sins of the Democrats and spineless RINOS.
(Adding the lawlessness of killing law enforcement to the list)
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