*Walter Bloomberg|Aug 29, 2025 12:08
S&P 500 SET FOR 4TH STRAIGHT MONTHLY GAIN
🔸 August ends Friday with all three major indexes up 2.5%+ through Thursday.
🔸 S&P 500 & Dow: On track for a 4-month winning streak (longest since Sept. 2024).
🔸 Nasdaq: Heading for a 5th straight monthly gain, best run in ~18 months.
🔸 Gains came despite headwinds: weak Aug. 1 jobs report, Trump’s tariff hikes, and his move to fire Fed Governor Lisa Cook.
🔸 Market strength driven by strong earnings, AI enthusiasm, and light trading volumes.
🔸 Dow & S&P 500 hit record highs Thursday, with the S&P marking its 20th record close this year.(*Walter Bloomberg)
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