FollowThe US stock market is leading among other stock markets across the globe. The continuous rise of US stocks is the reason why the US stock market is very strong these days. The month of August had been very favorable for it as more stocks went up compared to the number of stocks that went down. August is S&P 500 and Dow Industrials’ lucky month, considering the fact that this is the month of the year when they both had their largest monthly increase.
According to John Brady, who is Global Institutional Sales’ managing director at R.J O’Brien & Associates, it is expected that the date for the month of August will be strong. He also added that investors will still continue to buy stocks from the US stock market until the Federal Reserve will change its message regarding the stocks and the stock market. He also noted that the stocks may rise again, following the declines in bonds and gains in Asian market, again.
