市场快报

US stocks endure first monthly drop since February

Dollar rises and euro drops as traders bet on steady interest rates
The S&P 500 fell 1.8% in August

US stocks were mixed on Thursday, but notched their first monthly drop since February despite solid economic data feeding hopes that the Federal Reserve will probably refrain from raising interest rates again this year.

Wall Street’s benchmark S&P 500 gave up its earlier gains to close 0.2 per cent lower, bringing its loss for the month to 1.8 per cent.

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