As of the last day of August, the S&P 500's streak of consecutive trading days without a 1-percent move, remained intact at 38 (July 8, 2016). Though U.S. stocks reached new highs in August, their monthly gains were erased amid thin trading volume and mounting concerns of a potential Fed rate hike in September. Developed international stocks (Europe, Japan, and U.K.) fared the best in August, benefiting from expectations for additional monetary stimulus and subsiding fears over Brexit.
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