Market summary 18th September
The markets started off lower this week, which is common for September. Both the Nasdaq and NYSE, big parts of the stock market, recovered a bit and almost broke even. But, a lot of stocks did poorly. The number of stocks hitting their lowest price in a year grew to 109, which shows that the market might be weakening.
When a healthy market has a short dip, it usually doesn't see this many stocks dropping to their lowest. This means our current market might be running out of energy. There's a big meeting on Wednesday that will impact the market, and people are watching closely. There's worry that if the market goes below a certain average, prices could drop by 10%.
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