S&P Market News Update : Epic Research Malaysia

U.S. stocks closed with modest gains Friday in light trading, building on weekly and monthly advances, as largely upbeat U.S. economic data offset overseas worries.

The S&P SPX, +0.33% rose 6.63 points, or 0.3%, to close at 2,003.37 for its 32nd record close this year.

The S&P 500 gained 3.8% for the month, representing the bench mark’s best August performance since 2000. The S&P also achieved its largest monthly percentage jump since February, when it rose 4.3%.

For the week, the S&P 500 tacked on nearly 0.8%. The Dow scored advances of 0.6% for the week and 3.2% for the month, while the Nasdaq climbed 0.9% for the week and 4.8% for August.
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