Dow closes 200 points higher as Wall Street aims to curtail August decline
(Image by mohamed Hassan from Pixabay)
(CNBC) -- Stocks rose Monday to kick off the final trading week of August, with Wall Street looking to regain ground after a month of losses.
The Dow Jones Industrial Average gained 180 points, or 0.5%. The S&P 500 climbed 0.5%, and the Nasdaq Composite advanced 0.7%. All three indexes have lost ground in August, with the S&P 500 shedding 3.4% while the Nasdaq and Dow slipped 4.5% and 2.6%, respectively.
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Meta and Apple traded slightly higher, while Nvidia added 2%. Shares of electric vehicle giant Tesla were trading near the flatline.
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