Best Stocks to Own in September

The S&P 500 neared record levels as well

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Schaeffer's Market Recap
9/01/2021
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Nasdaq Nabs Record Close to Start September


By: Laura McCandless

The Nasdaq jumped to a fresh record close today, following its intraday high, while the S&P 500 inched toward record levels -- fresh off its 7th-straight monthly win -- and the Dow dropped 48 points. Disappointing jobs data highlighted the morning, as the ADP employment report showed private payrolls increasing by 374,000, which is far below Wall Street's estimate of 600,000, and investors are looking ahead to Friday's nonfarm payrolls for direction. Meanwhile, U.S. data showed manufacturing growth despite labor shortages, as the ISM manufacturing index rose to 59.9% in August from July's 59.5%. 

Continue reading for more on today's market, including:

  • The best stocks to own in September, historically. 
  • Semiconductor stock soars after a strong second quarter
  • Plus, a look at BRC ahead of earnings; LUV's lawsuit; and SFM's c-suite shakeup.
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