Wall Street ends volatile month in major test for Trump

The Hill logoWall Street ended a wild August with the Dow up slightly on Friday, capping a tumultuous month for the global economy that spurred a wave of volatility in financial markets and posed a challenge for President Trump.

The Dow Jones Industrial Average, S&P 500 index and Nasdaq closed the final day of August trading little changed from their Friday opens, with the Dow and S&P up only 0.2 and 0.1 percent, respectively.

But the three indices were well below their levels at the start of the month after a notoriously rough stretch for Wall Street. The Dow fell 1.76 percent in August, down 474 points. The index this month suffered two of its seven largest point losses, falling by 800 points on Aug. 14 and 767 points on Aug. 5.

View the complete August 30 article by Sylvan Lane on The Hill website.