Market Update August 2023
Submitted by Corrigan Financial, Inc on September 14th, 2023Global stocks finished down by almost 3% in August, with declines broadly allocated across market sectors. While the Dow Industrials, S&P 500, and Nasdaq Composite all finished with losses at or around 2%, all three U.S. indexes showed noteworthy improvements from their midmonth lows. Still, global stocks remain up by nearly 15% year-to-date.