Reported 12 months ago
Stocks in the US ended on a high note as the S&P 500 and Nasdaq reached new record levels, with the S&P 500 rising 0.5% and the Nasdaq up 0.9%. The Dow Jones Industrial Average saw a slight decline. These gains come amidst weaker economic data that has fueled hopes for a September rate cut, with investors pricing in a 74% possibility of a decrease. Yields also dropped following the disappointing economic results.
Source: YAHOO