Reported about 1 month ago
US stocks concluded a turbulent August on a high note, with the S&P 500 marking its fourth consecutive winning month. The favorable reading of the Federal Reserve's preferred inflation gauge has boosted hopes for potential rate cuts, contributing to the overall rise of major indexes. The Dow Jones increased by about 0.6%, the S&P climbed 1%, and the Nasdaq Composite added 1.1%, despite some volatility earlier in the month.
Source: YAHOO