S&P Market News Update : Epic Research Malaysia

September has recently started shedding its reputation as one of the worst stock market months of the year, but strategists note the psychological pressure of big round numbers in the S&P 500 Index and the looming end of Federal Reserve asset purchases may serve to reinforce the month’s stereotype.

On Friday, the S&P 500 SPX, +0.33% finished the week up 0.8% at 2,003.37 for an all-time high close and its longest winning streak since late November. The Dow Jones Industrial Average DJIA, +0.11% finished the week up 0.6% and the Nasdaq Composite Index COMP, +0.50% rose 0.9%.

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