Published on 3 Oct 2022 on Zacks via Yahoo Finance

Beat the Market Like Zacks: ADP, Walmart, Starbucks in Focus

U.S. stocks ended the September 30 trading session in the red, with the three most widely followed indexes closing out a tumultuous week, month and quarter. The Dow and the S&P 500 ended the week down 2.9%, while the Nasdaq lost almost 2.7%.

For September, the Dow, the S&P 500 and the Nasdaq tumbled 8.8%, 9.3% and 10.5%, respectively. In fact, the Dow and the S&P 500 registered their biggest monthly decline since March 2020 and their worst September since 2002. The tech-heavy Nasdaq too recorded its worst September since 2008.

Finally, for the third quarter, the Dow, the S&P 500 and the Nasdaq dropped 6.7%, 5.3% and 4.1%, respectively. The Dow for the first time witnessed three consecutive quarterly losses since 2015. In the same way, the S&P 500 and the Nasdaq faced three straight quarterly losses since 2009.