US Stock Markets Summary for August 27, 2024

Reported about 1 month ago

On August 27, 2024, the Dow Jones Industrial Average reached a new record high with a slight gain of 9 points, while the S&P 500 and Nasdaq both increased by 0.2%. However, the Russell 2000 index fell by 0.7%. The market was mixed, highlighted by a significant drop in the parent company of Paramount, following news of a bid abandonment. Year-to-date, major indexes showed strong gains, with the S&P 500 up 17.9% and the Nasdaq up 18.3%.

Source: YAHOO

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