U.S. Stock Market Starts Higher
CryptoNewsTerminal Staff19 Aug, 2024
U.S. Stock Market Starts Higher
The three major U.S. stock indexes started higher on [Date]. The S&P 500 rose 0.10%, the Nasdaq Composite gained 0.04%, and the Dow Jones Industrial Average advanced 0.15%. Market analysts attributed the gains to positive earnings reports from several major companies, as well as optimism about the upcoming holiday shopping season. Several tech stocks, including Apple, Amazon, and Microsoft, reported strong quarterly results, which boosted the Nasdaq. Meanwhile, the Dow was led higher by gains in Boeing, Chevron, and Goldman Sachs. Investors will be watching for further economic data and earnings reports this week for clues about the direction of the market.
