Investors are selling shares in the S&P 500 and buying stocks like Tesla, Intel, Apple and IBM, as the stock market grapples with a “crisis” and is on track to record its biggest monthly loss since September.
The latest reports on Wednesday showed the S & P 500 has recorded a loss for the first time since Sept. 10, as investors continue to buy and sell stocks amid a severe economic slowdown and the government shutdown.
The Dow Jones Industrial Average is up 2.4% since the beginning of the week, while the Nasdaq Composite is up 3.2%.
The Dow and Nasdaq are on track for their biggest monthly losses since September 10, when the Dow lost more than 13% and the Nasqueens fell more than 6%.
Meanwhile, the SAC index is down more than 10% since Oct. 5, and the S.&.;P.
500 is down 12% in the last month.
Investors are also turning to alternative investments like gold, gold futures, and options.
Investors have also poured money into hedge funds, bonds and other asset classes, according to data compiled by Bloomberg.
The S&s loss is the biggest monthly total since Sept 10, 2013, when investors lost more $17 billion, according the data.
That month, the Nasq and Dow lost about $15 billion, and both indexes lost more money during the shutdown, according data compiled for Bloomberg.
S&=&amp;s loss on Wednesday was the biggest since September 5, when it was $2.2 billion.
This month, shares of the SAS index, which includes stocks of the pharmaceutical giant Novartis, have declined as investors have lost faith in stocks in the healthcare sector.
Shares of Johnson &=amp; Johnson are down more 2.5% since last week’s close.