August– Market Summary
In August, U.S. equities experienced a downturn as both the S&P 500 and Nasdaq-100 Indices recorded their initial monthly declines since February. The “Magnificent Seven,” which had driven over 75% of Nasdaq 100 gains in 2023 through July, displayed mixed results. Despite a 1.5% monthly decline, the Nasdaq 100, heavily influenced by the tech sector […]