Stocks are limping into February: The S&P 500 fell 1.8 percent Friday, its worst day since October. It was down 2.1 percent for the week, and ended the month of January with a 0.2 percent loss, its first negative month in the last five.
What makes that even more concerning is that February is historically a weak month for the market. February is the third worst month of the year, with an average negative decline of 0.1 percent. It’s been up only 53 percent of the time since World War II, as opposed to an average gain for all months of 0.7 percent.
That makes this month the worst-performing of the non-summer months. September and August are the worst and second weakest months for the S&P 500, going back to World War II.
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