Beginning the final trading week of August, stocks increased as Wall Street sought to recover from a month of losses.
180 points, or 0.5%, were added to the Dow Jones Industrial Average. The Nasdaq Composite increased by 0.7%, while the S&P 500 rose 0.5%. August saw declines for all three indices, with the S&P 500 losing 3.4% while the Nasdaq and Dow fell 4.5% and 2.6%, respectively.
While Nvidia gained 2%, Meta and Apple also saw small price increases. Tesla’s stock was moving in a range very close to its flat line.
Source (CNBC)