September 2019 Monthly Market Update

August was a choppy month for stocks. Half of the 22 trading days of the S&P 500 had moves greater than 1% (on the upside and downside). For the month, larger-cap U.S. stocks fell 1.6% (Vanguard 500 Index) and smaller-cap U.S. stocks dropped 4.9% (iShares Russell 2000 ETF). The volatility in August can be attributed...