NEW YORK (TheStreet) -- It was one of the slowest trading days of the year heading into the Labor Day weekend, but U.S. markets closed just slightly higher on Friday, capping four straight weekly gains and booking their best August since 2000. The close also marks the biggest monthly gain since February.
The S&P 500
"It's amazing that with all the geopolitical tension in the world, the U.S. market was able to post its strongest August in 13 years, while the other 25 developed markets as a group were in the red. Speaks to the relative strength and stability of the U.S. system," said S&P Dow Jones Indices' senior index analyst, Howard Silverblatt.
TheStreet's Jill Malandrino takes a look at what we can expect in the shortened holiday week ahead:
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The Dow Jones Industrial Average