Powered by Apple, the S&P 500 posts biggest August gain since 1986

Not since the Reagan administration has the S&P 500 done this: For the month of August, the S&P showed a gain of 7.01%, its biggest advance for August since 1986 when it rose 7.1% that month.
Sinéad Carew for Reuters:While the S&P boasted its steepest August percentage gain in more than three decades it ended Monday slightly lower and the Dow also lost ground as investors took a pause although the Nasdaq closed higher thanks to high-flying stocks including Apple Inc.
The Feder