Odds are that the stock market will have a pretty good fourth quarter, but it’s almost certain to be a volatile one.
The third quarter ends Tuesday, with the Nasdaq outperforming with a more than 2 percent gain, and the small-cap Russell 2000 lagging with a more than 6 percent loss. The Dow was up 1.4 percent for the quarter, and the S&P 500 was up about 1 percent.
Monday’s market was rocky, with stocks losing more than a percent, before erasing the steepest losses. It is the eighth of 10 days, in which the Dow has had a triple-digit move in either direction. The Dow finished the day down 41 points at 17,071, and the S&P 500 was off 5 at 1,977.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.