NEW YORK (Pakistan Point News / Sputnik - 01st October, 2021) � US stocks posted one of their worst monthly losses for 2021 in September, with the major equity indexes on the New York Stock Exchange losing 4% to 5.3% on concerns of inflation and fiscal uncertainty amid disagreements between Democrats and Republicans in Congress.
The broad-based Dow Jones Industrial Average, comprising mostly industrial stocks, settled at 33,844, down 4% for September. The blue-chip S&P 500, which groups the top 500 stocks on the New York Stock Exchange, settled down at 4,305, down 5% for the month.�The Nasdaq Composite Index, led by Big Tech Names such as Facebook, Amazon, Apple, Netflix and Google, finished at 14,449, down 5.3% for the month.
