Will the U.S. stock market crash this month? Why an October surprise can’t be ruled out.
October is a spooky month for U.S. stocks, with two of the worst market crashes occurring in October of 1929 and 1987. While the chances of an October 2024 crash are low, they’re not zero. The best lesson we can draw from past Octobers and other major stock-market disruptions is that large one-day market plunges are an inevitable part of investing,