US Stock Market: Indices Surge, Nasdaq Leads with 2.64% Gain
CryptoNewsTerminal Staff31 Jul, 2024
US Stock Market: Indices Surge, Nasdaq Leads with 2.64% Gain
The three major indices of the US stock market closed higher on Tuesday, led by a strong performance from the Nasdaq. The S&P 500 rose 1.58% to close at 4,307.22, recovering some losses made in recent sessions due to interest rate hike concerns. The Nasdaq Composite climbed 2.64% to 14,333.43, continuing its strong run and reaching its highest level in nearly three months. The Dow Jones Industrial Average advanced 0.24% to 34,008.91, as investors cheered strong earnings reports from some of its component companies.
