Stock Market Today: S&P 500 Snaps Seven-Month Win Streak

The Dow and Nasdaq also closed out September in the red.

stock market selloff concept
(Image credit: Getty Images)

It was a volatile day of trading to end a tough month for stocks as investors digested an onslaught of headlines.

In economic news, weekly jobless claims came in higher than expected (362,000 actual vs. 335,000 estimate), while the final reading on second-quarter gross domestic product (GDP) was upwardly revised to 6.7% from 6.6%.

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.