US equities moved higher again in August, with the S&P 500 increasing by +2.0% for the fourth consecutive monthly gain. The index is now higher by +10.8% year-to-date. After a near bear market in early April, the market is up over +30% from the low. The rally was primarily driven by trade deals and narrowing tariff uncertainties, stronger-than-expected corporate earnings, sustained optimism around artificial intelligence, and anticipation of upcoming FOMC rate cuts.
Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual.
Stock investing includes risks, including fluctuating prices and loss of principal.
Financial planning is a tool intended to review your current financial situation, investment objectives and goals, and suggest potential planning ideas and concepts that may be of benefit. There is no guarantee that financial planning will help you reach your goals.
Asset allocation does not ensure a profit or protect against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio.
Diversification does not protect against market risk. All investing involves risk which you should be prepared to bear.
< COMMENTARY
Market Commentary | September 03, 2025
August 2025 Stock Market Recap
By Andrew Murphy, CFA
Co-Chief Investment Officer
US equities moved higher again in August, with the S&P 500 increasing by +2.0% for the fourth consecutive monthly gain. The index is now higher by +10.8% year-to-date. After a near bear market in early April, the market is up over +30% from the low. The rally was primarily driven by trade deals and narrowing tariff uncertainties, stronger-than-expected corporate earnings, sustained optimism around artificial intelligence, and anticipation of upcoming FOMC rate cuts.
August 2025 RecapDISCLOSURES
Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual.
Stock investing includes risks, including fluctuating prices and loss of principal.
Financial planning is a tool intended to review your current financial situation, investment objectives and goals, and suggest potential planning ideas and concepts that may be of benefit. There is no guarantee that financial planning will help you reach your goals.
Asset allocation does not ensure a profit or protect against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio.
Diversification does not protect against market risk. All investing involves risk which you should be prepared to bear.