Stocks Ended Mixed Monday, Posted Best August in Decades
- Monday, August 31, 2020, 16:24
- Stock Market
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U.S. stocks ended mixed on Monday, but finishing August with their best gains in decades. The Dow Jones Industrial Average fell 223.82 points, or 0.78%, to 28,430.05 and posted a monthly gain of 7.6%. The S&P 500 was down 7.70 points, or 0.22%, to 3,500.31 and notched a 7% gain for August. The Nasdaq Composite advanced 79.82 points, or 0.68%, to 11,775.46 and logged a 9.6% August gain.
Oil futures finished with a loss Monday, though with signs of a recovery in energy demand contributing to a fourth straight monthly gain for U.S. benchmark crude. West Texas Intermediate crude for October delivery rose 36 cents, or 0.8%, to settle at $42.61 a barrel. November Brent crude ended 53 cents, or 1.2%, lower at $45.28 a barrel.
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