US Market Update: Major Indexes Start the Day with a Rise

IconCryptoNewsTerminal Staff29 Aug, 2024

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US Market Update: Major Indexes Start the Day with a Rise

The three major US stock indexes started Wednesday with a rise, extending their gains from the previous session. The S&P 500 index rose 0.27%, the Nasdaq Composite index gained 0.38%, and the Dow Jones Industrial Average added 0.62%. The positive start to the day comes after a strong performance in the previous session, when the S&P 500 and Nasdaq both closed at record highs. The Dow also closed higher, but is still below its record high set in January 2020.