After a strong July, major U.S. equity indexes retreated slightly yet remained resilient in August. Treasury yields captured the market’s attention for much of the month.
Here is the tale of the tape for the month of August: The S&P 500 ($SPX) declined by 1.77%, the Nasdaq 100 fell by 1.62% ($NDX), and the Dow Jones Industrial Average ($DJI) declined by 2.36%. https://nyweekly.com/business/august-market-update-with-john-mateyko-apma-wmcp-ricp-stocks-resilient-amid-elevated-interest-rates/