S&P 500 Index rose more than 7%, the best August since 1986. S&P 500 Index is extended and sits more than 15% above its 200-day moving avg. Nasdaq markets hit new all-time highs this month. Technology was once again the leading sector, rising 12% within the S&P 500. The 4th stimulus package ($1-4 trillion) stalled in Washington. U.S. passed the 6.0M case mark of COVID-19, but cases are down from July’s peak. Elections coming into focus with both RNC and DNC conventions held.
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