Fears Keeping Investors Out of the Market
Investors have shied away from buying stocks even though the volume of the market was expected to increase after the Labor Day Holiday. They might have probably been worrying about the impending big selloff around this period.
Notably, the New York Stock Exchange had maintained an average daily market size of 1.49 billion in September, 2008, and 1.57 billion in September, 2007, while the current market stands at mere 1.44 billion.
Though there might have been other reasons for the market boycott: some have raised the issue of investors enjoying longer vacations or just weighing their trading strategies before taking the plunge.
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Posted-In: CNBC Investors Market. The New York Stock Exchange