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Stocks open weakly but are still headed for a monthly gain

11 months 3 days 14 hours ago Monday, August 31 2020 Aug 31, 2020 August 31, 2020 8:59 AM August 31, 2020 in News
Source: Associated Press

NEW YORK — Stocks are opening lower on Wall Street Monday as declines in banks and health care stocks offset more gains for big technology companies.

The S&P 500 was off 0.1% in the first few minutes of trading. It's still on track to end August with its fifth monthly gain in a row and its biggest since April. It was the first day of trading after stock splits for Apple and Tesla, and also the first trading day for a revamped Dow Jones Industrial Average.

Saleforce.com, Honeywell and Amgen are joining the blue chip club. Zoom Video Communications reports results after the closing bell.

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