US equities posted modest gains ahead of the Labor Day long weekend, with the Dow and S&P500 logging their best August gains since 2014 - Dow eased 22-points or -0.09% The broader S&P500 inched +0.01% higher, NASDAQ +0.26%. Apple Inc rose 1.2% and hitt another record high and notching their best monthly gain since 2009 (up +19.6%). Investment legend Warren Buffett said last Thursday (30 August) in an interview with CNBC that he had acquired more shares of the iPhone maker. On the global trade front, the US and Canada were unable to reach an agreement by week's end, with both countries poised to resume talks on Wednesday (5 September). For the month, the Dow rose +2.10%, S&P500 +3.0% and the Nasdaq +5.7% (to log its best August return since 2000). US equity and bond markets are CLOSED tonight AEST for the Labor Day holiday.
