August was a nasty month to be a stock
Today ends the trading month, one that has not been kind to a lot of stocks. With less than one trading session to go in August, the Dow is down 4.4 percent for month, and the S&P is down 2.8 percent. Nasdaq was up a .1 percent, again for the month. Chris Low, chief economist at FTN Financial in New York, evaluates August on Wall Street.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
