Stocks Close Out Best August In 36 years

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Stock markets closed out their best August since 1984 on Monday, with major indexes gaining upwards of 7 percent.

On the final day of August trading, the Dow Jones Industrial Average retreated 228 points, or 0.8 percent, and the S&P 500 closed down 8 points, or 0.2 percent.

Despite Monday’s fall, the indexes closed out the month with increases of 7.6 percent and 7.2 percent, respectively, according to CNBC, beating August returns for the past 36 years.

Read more at The Hill.

{Matzav.com}

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