September Market Trend and Its Impacts on Artificial Intelligence Stocks
Bank of America research reveals that the S&P 500 index has fallen in 56% of Septembers since 1928.
According to research by Bank of America, the S&P 500 index has declined in 56% of Septembers since 1928, yielding an average return of minus 1.17 percent during this period.
The September Effect and Historical Data
According to Bank of America data, the S&P 500 index has recorded declines in 56% of Septembers since 1928, while showing increases in the remaining 44%.
It is stated that historically, the average return rate in Septembers has stood at approximately minus 1.17 percent.
Psychological and Economic Reasons for the Decline
Behind the September slump in the markets lie psychological factors stemming from investors' expectations of weak performance from past periods.
As the year-end approaches, profit-taking, tax-loss harvesting strategies, and the Federal Reserve's economic decisions also play a role in the declines.
Status of Artificial Intelligence Stocks
While artificial intelligence stocks may also be affected by potential broad market pullbacks, companies like Nvidia and Micron Technology maintain their strong portfolio positions.
Nvidia's fiscal 2027 second-quarter revenue more than doubled year-over-year to reach $96.2 billion, and its earnings per share came in at $2.22.