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Phil Rosen highlights that September has been the weakest month of the year for the S&P 500, with the index averaging a -0.9% decline since 1975.
According to Phil Rosen, September is usually the only month with negative average returns for the S&P 500.
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Rosen previously reported on the outperformance of Target in retail stocks, while Lowe's and Home Depot each posted double-digit declines over the past year here. In another article, he observed that nine of the ten top-performing S&P 500 stocks last year were connected to AI hardware, with Sandisk and Micron delivering returns that exceeded the broader market here. These developments followed ongoing sector divergences within the index.