Stock futures open slightly higher following another record-setting month for the S&P 500

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Stock futures open slightly higher following another record-setting month for the S&P 500
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U.S. stock futures open slightly higher Tuesday night after the S&P 500 notched a seven-month win streak in August.

Michael Nagle | Bloomberg | Getty Images

Dow Jones Industrial Average futures rose 45 points, or 0.13%. S&P 500 and Nasdaq 100 futures climbed 0.17% and 0.11%, respectively. The major averages all finished higher for the month of August. The S&P 500 rose 2.9% for the month, rising for the seventh month in a row. The Nasdaq Composite gained about 4% and while the Dow lagged, it still added 1.2%.

"Although this bull market has laughed at nearly all the worry signs in 2021, let's not forget that September is historically the worst month of the year for stocks," said LPL Financial Chief Market Strategist Ryan Detrick. "Even last year, in the face of a huge rally off the March 2020 lows, we saw a nearly 10% correction in the middle of September.""This bull market is alive and well and we would view any potential weakness as an opportunity," he said.

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