WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
A recent string of positive sessions — in which the S&P 500 and the Dow climbed for four straight days — helped the indexes trim their monthly losses. Nevertheless, in August, the broad-market index lost 1.77%, while the Nasdaq shed 2.17%. The 30-stock Dow dropped 2.36%.
Traders on Thursday also pored over new U.S. inflation data. The core personal consumption expenditures index increased 0.2% month over month in July and 4.2% year over year, matching estimates from economists polled by Dow Jones. The core PCE is a closely watched inflation indicator by the Federal Reserve.
The Nasdaq Composite registered a fifth consecutive winning day, but still suffered its worst monthly loss of 2023.
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