Three charts about the markets in the third quarter.

It’s a new month, and a new quarter. Today’s DealBook newsletter ran the numbers …

The stock market had its worst month since March. The S&P 500 was down about 4 percent in September, and at times it flirted with “correction” territory. Investors are getting jittery about the election, and several business leaders despaired at the spectacle of the first presidential debate on Tuesday.

Mergers and acquisitions picked up, particularly for big deals. The value of $5 billion-plus deals was the most on record for a third quarter, following a pandemic-induced freeze on transactions. Over all, global deal value in the first nine months of the year is down about 20 percent from the same period last year.

I.P.O.s are poised to set records. The amount raised in U.S. listings so far this year is ahead of even the heady dot-com days, with the busiest deal count for a third quarter since 2000, according to Renaissance Capital. It’s no surprise what’s fueling the boom: More than 100 SPACs have gone public so far this year, raising more than $44 billion.

Source: Read Full Article