The S&P 500 Just Did Something for the First Time Since 2010. History Says the Stock Market Will Do This Next.

The S&P 500 (SNPINDEX: ^GSPC) advanced 3.5% last month, notching its best September since 2010. That was particularly surprising not only because September is usually the worst month for the U.S. stock market -- the S&P 500 fell by an average of 2% during the month in the last decade -- but also because the economic outlook is clouded by tariffs.Tariffs imposed by the Trump administration have raised the average tax on U.S. imports to its highest level since the 1940s. Inflation has ticked six-tenths of a percentage point higher since the duties were announced in April, but many economists warn consumers have yet to feel the full impact because companies have borne 60% to 70% of the costs to date.Meanwhile, businesses have been hiring fewer workers as they navigate uncertainty regarding how tariffs will impact input costs and whether they should rework their supply chains. The U.S. economy added an average of 27,000 jobs per month between May and August, the worst four-month period (excluding the COVID-19 pandemic) since the aftermath of the Great Recession in 2010.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool