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Stocks end a bumpy day mostly lower, still notch August gain

Stocks end a bumpy day mostly lower, still notch August gain Photo: WDIO/MGN

Created: August 31, 2020 04:23 PM

Stocks are ending mostly lower on Wall Street Monday as the market gives back some of its recent gains following a five-week winning streak. The S&P 500 lost 0.2% as declines in banks and industrial stocks offset more gains for technology companies. It still managed to end August up 7%, its fifth monthly gain in a row and its biggest since April.

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It was the first day of trading after stock splits for Apple and Tesla, and also the first day for a revamped Dow Jones Industrial Average. Saleforce.com, Honeywell and Amgen have joined the blue chip club. Treasury yields fell. 
 

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