S&P 500, Dow end Monday lower but notch best August in over 30 years; Nasdaq scores 41st record close in 2020
U.S. stocks on Monday finished August with their best gains in decades but appeared to adopt a defensive posture, with investors picking up large-capitalization technology names, a trend that helped to shape trading in the month. Investors, however, have maintained a relatively optimistic tone, on the back of an approach to monetary policy from the Federal Reserve, which has signaled that it is likely to keep rates lower for longer. Momentum in the tech sector was aided by fervor over Apple shares... Читать дальше...