Well, that escalated quickly. 2018 is in the books with the first negative stock market performance since 2008.
The third quarter was a good one for stock investors.
After posting its strongest quarterly returns in many years, the S&P 500 and the global stock market experienced its worst month since 2011.
The S&P 500 reached all-time highs in August and eventually pushed through the 2,900 milestone for the first time ever on August 28th.
U.S. stocks led the way in July as global markets posted strong monthly returns.
Markets remained choppy throughout the quarter with global stocks posting a modest return.
May was an interesting month in the markets.
After back-to-back negative months, the stock market notched a modest gain in April.
After fifteen consecutive months of gains, stocks were negative for a second month in a row and posted the first negative quarter since Q3 2015.