The S&P 500 index edged down 0.1% this week but ended August trading with a 1.9% monthly climb. The benchmark index closed at 6,460.26 on Friday, the final trading day of the month. While this marked a slight decline from a week prior and snapped its weekly winning streak, the index still recorded its fourth consecutive monthly gain. It is now up 4.1% for the quarter and 9.8% for the year. Data this week showed US consumer spending rose in July at the fastest pace since Marc

The S&P 500 index rose 0.3% this week as investors grew more hopeful for a rate cut at the next meeting of policy makers at the Federal Reserve. The market benchmark ended the week at 6,466.91, making its third consecutive week in the black. It is now up 2% for August and nearly 10% for the year to date. The S&P 500 had been on track to snap its weekly winning streak as of the close of trading on Thursday, but turned positive on Friday following comments from Federal Reserve

The S&P 500 index rose 0.9% this week, scaling new peaks in four consecutive trading sessions, as the probability of an interest-rate cut in September remained elevated following divergent inflation reports. The S&P 500 ended Friday's session at 6,449.80, bringing quarter-to-date gains to 4%, and year-to-date growth to 9.7%. Following a weaker-than-expected non-farm payrolls report last Friday and a surprise drop in the Institute for Supply Management's US services index, th

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The S&P 500 index fell 2.4% this week as payrolls data missed forecasts.   The index ended Friday's session at 6,238.01, and is up 6.1% this year. The S&P rose 2.2% in July, its third consecutive monthly gain.   Nonfarm payrolls rose by 73,000 in July, according to data released Friday by the Bureau of Labor Statistics, missing the consensus estimate compiled by Bloomberg for a 104,000 increase. The unemployment rate increased to 4.2% in July, in line with the market view.