Stock Market Update

[BRIEFING.COM] Staying true to form, the stock market has exhibited resilience to selling interest. The indices themselves remain mixed on the last day of the third quarter.

The month of September provided its share of drama, starting with the headline that it has been, historically, the worst month on average for the stock market. September lived up to that reputation early in the month, but it soon shook it off and is poised to conclude with some solid gains fueled by rate cut expectations and a soft landing outlook.

As of this writing, the Nasdaq Composite is up 2.4%, the S&P 500 is up 1.6% for the month, the Dow Jones Industrial Average is up 1.5%, and the Russell 2000 is up 0.7%.