U.S. Market Makes Positive Start

IconCryptoNewsTerminal Staff22 Aug, 2024

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U.S. Market Makes Positive Start

The U.S. stock market has started the day on a positive note, with all three major indexes trading higher. The S&P 500 is up 0.3%, the Nasdaq is up 0.4%, and the Dow is up 0.15%. The positive start to the day comes after a strong week for the market, with the S&P 500 closing at a new record high on Friday. The market has been buoyed by strong earnings reports from major companies, as well as optimism about the global economy. However, it is important to note that the market is still facing some headwinds, including the ongoing trade war between the U.S. and China. Investors will be watching closely to see how the trade war develops, as it could have a significant impact on the market. Overall, the U.S. market is off to a positive start to the day, but it is important to be aware of the risks that could impact the market in the future.