Yahoo Finance's Jared Blikre looks at how the stock market ended the month of August on a lower note, while energy and utility stocks were among the biggest leaders. Read More...
Reuters
Summer’s almost gone
Asian markets kick off the new month on Thursday, glad to see the back of a turbulent August but wary of what September holds. The driving forces last month – heavy selling in fixed income, rising global interest rate expectations, the looming energy crunch in Europe, and China’s deepening economic, energy, and financial problems – will not suddenly evaporate with the date change. Equity investors may look to start the month on the front foot and pick up some relative bargains, however, after the S&P 500 and world stocks both fell more than 4% in August.
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