1/ U.S. Market in August: Late-Stage Bull Market Pattern Starts to Emerge All three major indexes finished August higher, with the S&P 500 and Nasdaq posting their first monthly gains since May and fully recovering from the mid-July AI washout. Energy (+7.4%) and Technology (+6.4%) led, driven by renewed geopolitical pressure on oil and a rebound in the AI/capex trade. Materials and Healthcare gained more than 4%, while Utilities fell 4.8% as higher Treasury yields weighed on the rate-sensitive sector. Yet the headline index performance hides a weaker market underneath.(BloFin Research)