Markets Show Resilience in Topsy-Turvy August

Stocks capped off a volatile August down only slightly for the month and near recent records, the latest example of the bull market’s stability despite threats from an overseas economic slowdown and uncertainty about trade policy.

The S&P 500 closed down 1.8% for August, paring most of its early losses after hopes of easing trade tensions stoked investor appetite for riskier assets. The Dow Jones Industrial Average and tech-laden Nasdaq Composite also rallied this past week to finish the month down 1.7% and 2.6%, respectively.

]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!