reaching a new record as investors wrapped up a volatile month on a positive note. The market gains came as traders digested key inflation data closely monitored by the Federal Reserve.
As August came to a close, the S&P 500 recorded a 2.3% monthly gain, its fourth consecutive monthly advance. The Dow gained nearly 1.8%, and the Nasdaq Composite posted a 0.7% increase. Strategists at Yardeni Research expect the upcoming labor market indicators “to show that August's employment continued to grow at a solid pace greater than July's pace, which was weakened by bad weather.”This week’s earnings: Broadcom, DollarTree, Nio
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Source: CNBC - 🏆 12. / 72 Read more »