Markets
Here are today’s market moves:
What Happened?
The S&P 500 and other major indexes ended slightly lower on Tuesday, but closed out August with monthly gains.
The S&P 500 finished the month of August up 2.9%, the largest monthly rise since April. The index ended the first eight months of the year with its strongest year-to-date gain since 1997.
Major U.S. indexes are sitting near records as the summer season comes to an end.
The crypto market was flat on Tuesday, with Bitcoin trading near $47k, as investors monitor the latest batch of regulatory developments.
Catch Up
Zoom revealed slowing growth last quarter, sending its stock 11% lower after hours.
PayPal is exploring a stock-trading platform, per CNBC.
The UN’s environment office declared the “official end” to the use of leaded gasoline, a highly toxic fuel, in cars.