Reported 14 days ago
On September 24, 2024, U.S. stocks saw a modest increase, with the S&P 500 and Dow Jones achieving new record closes. This upward trend was supported by China's announcement of substantial stimulus measures aimed at revitalizing its economy, which led to significant gains in U.S.-listed Chinese companies. However, concerns regarding U.S. consumer sentiment were highlighted by a decline in the consumer confidence index, which reached its lowest level since March 2021. Overall, investor optimism remained strong despite mixed economic signals.
Source: YAHOO