Nasdaq information largest 4-day dropping streak since June as shares end August within the crimson

U.S. shares completed within the crimson for a fourth straight day on Wednesday as all three benchmarks recorded a loss for the month of August after ending greater in July. For the Nasdaq, the 6.1% loss during the last 4 periods was its greatest four-day drop since late June. The Dow Jones Industrial Common
DJIA,
-0.88%
retreated 280.44 factors, or 0.9%, to 31,510.43, ending August down 3.9%. The S&P 500
SPX,
-0.78%
shed 31.16 factors, or 0.8%, to three,955.00, bringing its loss for the month to 4.2%. The Nasdaq Composite
COMP,
-0.56%
fell 66.93 factors, or 0.6%, to 11,816.20, a month-to-month drop of 4.6%. Shares have been falling since Federal Reserve Chairman Jerome Powell declared on Friday that the Fed would proceed with its coverage tightening even when it prompted financial ache for companies and households.