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Wall Street closed: S&P 500, best August performance since 2000

FXStreet (Guatemala) - In the US, stocks picked up on best monthly gains since the start of the year as investors were encouraged by improving developments in the US economy.

Consumer confidence improved in the month of August with the public likely encouraged by improvements in the labour market. Reuters/Michigan Consumer sentiment index beat expectations and improved on the last print as well, printing 82.5 vs 80.1 consensus and 81.8 previous for July. Core PCE came in line with expectations at 1.5% for July month on month.

The S&P 500 Index scored 3.8 percent this month, the best August performance since 2000. For today, it put 0.3 percent of gains and read 2,003.37 as of 4 p.m. in New York. The Dow Jones Industrial Average climbed 18.88 points to read 17,098.45 and the The Nasdaq Composite Index added 0.5 percent to read 4,580.27.

USD/CAD follows through to gain a positive close on the session

USD/CAD is trading at 1.0874, up 0.13% on the day, having posted a daily high at 1.0877 and low at 1.0810.
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Session recap: EUR falls through key 1.3150 level

The Euro finally gave up the 1.3150 barrier after the London fix and month end flows were wrapped up. US stocks and the dollar got a lift from a decent and positive end of the month set of data.
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