On the last trading day in August, Dow and the broader stock market logged their second worst month of the year. Shares were finished blending Friday, giving up gains after opening higher.
Dow and S&P are still on track to record their best weekly winnings since early June, and it is shaping up to be the best week of 1[ads1]0 for the Nasdaq.
Optimism that trades tensions between the United States and China may also make it easier for the market to move higher this week.
The key to the market will be if profits can last beyond September.
Stocks logged their second worst month of the year – only May was worse. Dow slipped 1.7%, while S&P was down 1.8%. The Nasdaq plunged 2.6%, according to Refinitive.
May and August have been the only negative months for stocks in 2019.
August is usually considered a quiet month for the market, but this has not kept up late.
Trade tariffs, retaliation, harsh rhetoric and warnings of recession flashing from the bond market were questions that dominated the market this month.
Investor concerns helped higher safe haven assets such as gold and treasury.
The euro traded down 0.6% against the US dollar on Friday. For the year, the shared eurozone currency is 4.2% against greenback, according to Refinitiv.
Expectations of a percentage point cut at the September 18 meeting are about 96%, according to CME's FedWatch tool.