Stock market today: S&P 500, Nasdaq slip as sluggish start to September continues – Yahoo Finance

The stock market took a hit today as both the S&P 500 and Nasdaq slipped, continuing a sluggish start to September. Investors were met with uncertainty as they navigated through a volatile trading day.

The S&P 500 fell by 0.5%, while the Nasdaq dropped by 1.2% as tech stocks struggled. This decline comes after a strong performance in August, leaving many investors wondering if the recent pullback is signaling a shift in market sentiment.

One of the factors contributing to the market’s downturn is the ongoing concern over rising inflation and the Federal Reserve’s potential plans to taper its bond-buying program. Additionally, the Delta variant of COVID-19 continues to pose a threat to economic recovery, causing some investors to exercise caution.

Despite the recent setbacks, some analysts remain optimistic about the market’s long-term prospects. They believe that the current pullback may present buying opportunities for investors looking to capitalize on potential future gains.

As the market continues to navigate through uncertainty, investors are advised to stay informed and be prepared for potential fluctuations in the coming weeks. Keeping a close eye on economic indicators and company earnings reports will be crucial in making informed investment decisions during these volatile times.