Ryan Christensen, account executive at Adviser Investments, has the market analysis for Thursday, August 30. There were slight dips across all the major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes, with the Dow Jones Industrial Average, S&P 500 and NASDAQ down 0.5%, 0.4% and 0.3%, respectively. The decline came late in the day following reports of President Trump’s continued support of the previously announced $200 billion in Chinese import tariffs. Meanwhile, the Commerce Department released July’s personal consumption expenditures (PCE) index data: The PCE rose 0.1% from June 2018 and 2.3% since July 2017. This is the largest increase since 2012 and a reflection of robust consumer spending.
