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Labor Day weekend marks the unofficial end of summer. That means back to school or back to work for many. For investors, it may mean a more active stock market, especially with two potential catalysts in the pipeline for September: new labor-market data and the Federal Reserve’s next policy meeting.
The stock market showed solid performance for the month of August. The Dow Jones Industrial Average
DJIA gained 3.2% for the month, while the S&P 500 SPX rose 1.9% and Nasdaq Composite COMP advanced 1.6%. This pushed the stock market to all-time highs — with the S&P 500 achieving five record closes in August, and the Nasdaq achieving four. Meanwhile, the Dow closed at a record twice this past month, finally surpassing the previous highs it set in 2024.
This post was originally published on Market Watch
