Stocks Turn It Over In the Redzone in August
The S&P 500 declined -3.29% this week with Friday's close at 3,924.26. The index has now declined three weeks in a row, falling -8.31% in the process. The index fell flat on its face the final two weeks of August, turning what was a 4.72% monthly gain at the highs of the month on Tuesday, August 16, into a -4.24% monthly loss. What's next? Have a read to find out.