FinanceSQ

Here’s What Happened To The Stock Market On Monday

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The Dow dropped 223.82 points, or 0.8%, to 28,430.05. The S&P 500 fell 0.2% to 3,500.31.

The S&P 500 rose more than 7% in August, and it was the best August for Dow since 1984. Moreover, this was the best August for the S&P 500 since 1986.

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Apple and Tesla shares rose 3% and 12%, respectively, after their stock splits took effect on Monday.

JPMorgan Chase dropped 2.5%, while Citigroup slid 2.2%.

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