Here’s what happened to the stock market on Monday

Traders work before the closing bell at the New York Stock Exchange (NYSE) on September 12, 2019 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

Dow Jones Industrial Average falls 223 points

Best August in decades

The S&P 500 rose more than 7% in August, along with the Dow. It was the best August for the Dow since 1984 and the best August for the S&P 500 since 1986. This month’s gains have pushed the S&P 500 to record levels, officially confirming a new bull market has started. The August rally built on the market’s sharp rebound off the March 23 lows.

Apple and Tesla jump, banks struggle

What happens next?

Data on manufacturing activity and construction spending are set for release Tuesday. 

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