US stock exchanges strengthened in trading month closing (30/09/2020), with all three major markets posting increases at the close. However, on a monthly basis, September was the month with the first decline since the market crash in March. Investors received positive news from the Congress and government statements regarding the development of the fiscal stimulus package.
The fall in the JCI over the past 3 days contributed to the decline of the stock market by 7 percent throughout September 2020. Entering October, the JCI movement will still move with a tendency to drop. Investors will focus on the release of the Inflation and Manufacturing PMI data scheduled for today.
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