U.S. stocks ended broadly higher in August, with the S&P 500 posting its fourth consecutive monthly gain and registering five new 2025 all-time highs during the month. Notably, the small-cap-focused Russell 2000 had its best month since last November, widely exceeding the S&P 500’s performance by over 5% in August. The small cap index also advanced for a fourth month, its longest winning streak since 2021.
The Monthly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.