Nasdaq set to chalk up its biggest August percentage gain in 18 years

“Wall Street appears set to conclude a bullish month. The Dow and S&P 500 remain on track for their best August since 2014,” Berkeley Lovelace Jr. and Peter Schacknow report for CNBC. “The Nasdaq should chalk up its biggest August percentage gain in 18 years. September has historically a tough month for stocks.”

“The week will end with two economic reports, starting with the Chicago Purchasing Managers Index at 9:45 a.m. ET.,” Lovelace Jr. and Schacknow report. “Then at 10 a.m., the University of Michigan’s final August Consumer Sentiment Index.”

Lovelace Jr. and Schacknow report, “President Trump will be in North Carolina where he is expected to sign today an executive order that will make it easier for small businesses to group together to provide their workers with retirement plans.”

Read more in the full article here.

MacDailyNews Note: Coming off all-time closing and intraday highs yesterday, AAPL is currently up another $1.15 (+0.51%) to $226.18, looking to close out August 2018 on a high note.

Apple shares hit new all-time intraday and closing highs – August 30, 2018
U.S. economy logs best performance in nearly 4 years – August 29, 2018
Consumer confidence pops in August to highest level since October 2000 – August 29, 2018
Second-quarter U.S. GDP jumps 4.1% boosting hopes that economy is ready to break out of decade-long slumber – July 27, 2018
Dow rises as Wall Street weighs strong U.S. jobs report, Trump administration’s China tariffs – July 6, 2018
What Apple’s $100 billion buyback plan says about President Trump’s tax cuts – May 2, 2018
U.S. consumer confidence hits 14-year high – March 16, 2018
Dow and S&P 500 close higher on upbeat U.S. labor market data – February 22, 2018
U.S. sees strongest holiday sales since 2010 – January 12, 2018
Dow, S&P 500 and Nasdaq rocket to new all-time records – January 11, 2018
S&P 500 and Nasdaq rise to records on first trading day of 2018 – January 2, 2018
U.S. employment jumps more than expected in November, boosts U.S. stocks – December 8, 2017
U.S. third-quarter GDP revised to three-year high of 3.3% – November 29, 2017
Goldman Sachs sees U.S. unemployment rate hitting lowest level since the late-1960s – November 20, 2017
American consumer confidence soars to highest level since December 2000 – October 31, 2017
U.S. jobless claims plunge to lowest level since 1973 – October 19, 2017
U.S. economy picks up steam; second-quarter GDP up 3.0% reflecting robust consumer spending and strong business investment – August 30, 2017
U.S. consumer confidence shows Americans upbeat on jobs, economy – July 25, 2017


  1. … executive order for retirement plans sounds like a great idea. Why can’t the news media tell us about the things Trump is accomplishing instead of nitpicking everything he says?

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