Stocks rise as market comeback lifts S&P 500 to best week of 2024: Live updates
Publishing timestamp: 2024-08-16 13:17:41
Summary
U.S. stocks closed out the best week of 2024, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posting gains. Positive economic data and strong earnings reports from companies like Nvidia and H&R Block helped boost investor sentiment. The rally on Wall Street pushed stocks to near all-time highs, with the S&P 500 just over 2% away from its mid-July record high. Gold futures also rose, and consumer sentiment increased in August. Despite some concerns about economic slowdown, the overall market outlook remains positive.
Sentiment: POSITIVE
Tickers: @ND.1, GDX, JD, .SPX, RKLB, NVDA, HRB, .N225, AAPL, BVNRY, @GC.1, MSFT, @DJ.1, ADSK, AMAT, @SP.1, EL, .DJI, .IXIC,
Keywords: stock markets, microsoft corp, economic events, apple inc, united states, business news, dow jones fut (mar'23), nasdaq 100 fut (mar'23), nasdaq composite, dow jones industrial average, nvidia corp, markets, s&p 500 fut (mar'23), breaking news: markets, s&p 500 index,