Welcome to September, the least loved Wall Street

September in the markets is somewhat similar to Monday morning. No one is looking forward to this, and it usually amounts to the level of his reputation.

August gave investors a lot of joy, but history says that September tends to be The worst month of the year For stocks.

the S & P 500 Hit a new standard in The end of August6500, while Dow Jones I also touched new tops. Through the Atlantic Ocean, Stoxx Europe 600 I recorded the first winning series for two months since February.

But the ghost of September is waving on the horizon. Traditionally, DOW, S&P 500 and Nasdaq Composite are all published the worst month in September Dow Jones data.

From the perspective of the sector, it is a mixed image, especially in Europe. Two-thirds of the road during the third quarter-driven by companies’ profits throughout the continent and the continued uncertainty in the global macro-there are clear winners and losers.

The biggest winner? The banking sector in Europe. Stroke struck The highest level Since the 2008 financial crisis at the beginning of August, with the continued positive profits and more deals in the space to advance growth.

Germany Commerzbank The fees led to the top, adding the shares to its impressive performance already in the first half, an increase of more than 100 % so far.

On the negative side, the media shares have been severely exposed to the past two months – a decrease of more than 8 % – with concerns about the impact of artificial intelligence on a number of big European players. Ads WPP The worst performance of the sector was, as it decreased as I mentioned 71 % low profit premature tax In the first half and cut her outlook for the whole year.

In September and the coming year, some market participants are positive. “We believe the Taurus stock market will remain intact. In our case, we expect economic decline, strong companies’ profits, and low interest rates to support markets over the next 12 months,” said Mark Hevelli, the chief investment official of UBS Global Management, in a note.

Others are more careful. Gregory Daco, the chief economist in Parthenon, says that the American economy “shows flexibility, but it is under increasing pressure. While the American economy grew at a strong annual rate of 3.0 % in the second quarter of 2025, the force was largely Mirg, which reflects a sharp decrease in imports after purchasing companies accelerated in response to the drawings early in the year.”

Looking at the future, the Barclet report expected a slowdown in the second half, but a recovery in American and European economic growth in 2026, saying, “The markets will move from responding to the twin issues related to the definitions and the American tax bill.”

With the return of market makers and investors from their summer holidays to restore their portfolios, there will be some main moments that must be paid attention to, including: