AllMarket Summary
logoArgus•September 27, 2023

Market Digest: AMZN, ES, THO

Sector(s)
Utilities, Consumer Cyclical
Summary

It was a technical breakdown for the major stock indices on Tuesday, as August and September are living up to their historical tendency for price weakness. Since its July 31 closing high, the S&P 500 is down almost 7%. Since July 18, the Nasdaq has dropped 9% and the Nasdaq 100 (QQQ) is off 8%.

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