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Stocks Wrap Best August Since 2021. September Could Be Tricky.
Barrons.com25d agoneutral
Stocks Wrap Best August Since 2021. September Could Be Tricky.

The S&P 500 fell 0.3%, while the Nasdaq Composite dropped 0.1%. Baird's Ross Mayfield credits the month-end weakness to the uptick in oil prices fueled by reignited fighting in Iran. Despite Monday's weakness, all three major indexes ended the month higher, with the S&P 500 and the Nasdaq recording their best August performances since 2021, rising 2.6% and 3.9%, respectively.

One Stock Added Over 450 Points to the Dow's Monthly Gain
Barrons.com25d agoneutral
One Stock Added Over 450 Points to the Dow's Monthly Gain

The Dow is on track to end the month higher, and one stock is behind more than half of August's point gain. Salesforce alone contributed roughly 459 points to that monthly rise, according to Dow Jones Market Data. The August rise brings the Dow into its fifth straight month of gains.

Tim Cook’s Tough Act to Follow at Apple
The Wall Street Journal25d agoneutral
Tim Cook’s Tough Act to Follow at Apple

Since Tim Cook took over as Apple's CEO in 2011, the iPhone maker's stock has soared more than 2,200%. Annualized, that gives investors a price move of about 23.5% a year, more than twice the annual gain of the Dow industrials and easily more than the S&P 500 and Nasdaq composite.