Wall Street Faces Historically Weak September After Record-Setting August for S&P 500

US shares and cryptocurrencies start September dealing with their weakest month on document. The S&P 500 closed August with features of greater than 2% and set document highs alongside the way in which.

Bitcoin (BTC) and Ethereum (ETH) additionally completed the month strongly, gaining 24.95% and 32.5%. Historical information now factors to a harder stretch for each markets.

Stocks Carry a Long September Losing Record

The Dow Jones Industrial Average has fallen a median of 0.8% in September since 1950, in keeping with the 2026 Stock Trader’s Almanac. The S&P 500 has shed 0.7% over the same span.

The Nasdaq Composite has dropped 0.9% since 1971, and the small-cap Russell 2000 has misplaced 0.8% since 1979. Bank of America data courting again to 1928 present a median September S&P 500 lack of 1.17%, with the index falling in 56% of these years.

Almanac authors Jeffrey Hirsch and Christopher Mistal tie the sample to fund conduct after the summer season break.

“Portfolio managers again after Labor Day have a tendency to scrub home in September,” they said.

This follows a robust August for shares. The S&P 500 rose greater than 2% and closed at a document 7,798.99 on August 13, its twenty seventh document shut of 2026. The Dow added over 1%.

Corporate earnings drove the run. Pre-tax income reached $4.8 trillion within the second quarter, the very best share since at the least 1950.

Several pressures now sit towards that backdrop. The United States and Iran exchanged strikes for the primary time in over a month. July personal consumption expenditures inflation ran at 3.7%, nearly double the Federal Reserve’s 2% goal. 

JC O’Hara, chief technical strategist at Roth, wrote that midterm election years have traditionally produced volatility in September and October.

Follow us on X to get the newest information because it occurs

Crypto Faces the Same Calendar Problem

Digital belongings carry an identical seasonality document. Bitcoin has averaged a 2.87% decline in September since 2013, its weakest month, with a median lack of 2.44%, per Coinglass.

Ethereum reveals a wider hole. The asset has averaged a 9.40% September drop since 2015, with a median decline of 9.14%, in keeping with CryptoRank.

However, the current document complicates the sample. BTC closed increased in every of the previous three Septembers, gaining 5.16% in 2025 and seven.29% in 2024. ETH rose 3.20% in September 2024.

Both belongings additionally enter the month with momentum. BTC gained 24.95% in August, whereas ETH superior 32.5%.

Equity seasonality has softened in an analogous approach. The S&P 500 rose 2.02% in September 2024 and three.5% in 2025, back-to-back features that lower towards the long-run common. 

This 12 months, the calendar take a look at arrives alongside midterm elections, inflation above goal, and surging crude costs.

Subscribe to our YouTube channel to look at leaders and journalists present professional insights

The submit Wall Street Faces Historically Weak September After Record-Setting August for S&P 500 appeared first on BeInCrypto.