S&P, Nasdaq rose six days in a row to recover “August shock” all the losses
Hawk News
2024-08-16 17:11:16
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With the U.S. retail data exceeded expectations, the number of initial jobless claims fell to the lowest level since early July, based on the soft landing is expected to cut interest rates continue to heat up the trade, local time on August 15, the three major U.S. stock indexes continue to rebound.
S&P 500 index rose 1.61%, at 5543.22 points; Nasdaq index rose 2.34%, at 17594.5 points; Dow Jones industrial index rose 1.39%, at 40563.06 points.
After the sixth consecutive trading day rose, the Nasdaq, S&P 500 index have recovered from August 1, the beginning of the “streak of shock”.
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