Frazier Allen: Domestic Stocks Hit All-Time Highs in August

Clarksville, TN – As summer comes to a close, the markets – as represented by the Dow Jones Industrial Average, Nasdaq Composite and the S&P 500 – reached new highs during August, putting all three major indices in uncharted territory.

Steady economic growth, rising consumer spending and improving corporate earnings coming in better than expected were all key factors in helping drive the market.

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