Reported about 1 month ago
US stocks closed higher, with the Dow Jones reaching a record for the second consecutive day, as the S&P 500 and Dow marked their fourth consecutive monthly gain. Investor sentiment improved due to positive inflation data, increasing expectations for a Federal Reserve interest rate cut in September. As market optimism grows in anticipation of the upcoming jobs report, analysts predict continued resilience in the US economy despite fears of a recession.
Source: YAHOO