Wall Street's Major Indexes Post Strong Gains

IconCryptoNewsTerminal Staff19 Aug, 2024

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Wall Street's Major Indexes Post Strong Gains

The three major Wall Street indexes closed notably higher on [DATE], led by the Nasdaq. The positive trend was driven by strong earnings reports. S&P 500: Gained 0.97%, closing at [VALUE] Nasdaq: Surged 1.39%, reaching [VALUE] * Dow Jones Industrial Average: Rose 0.58%, settling at [VALUE] The positive market sentiment was largely due to better-than-expected earnings reports from major companies. Notably, Tesla's strong quarterly results boosted the Nasdaq, driving technology stocks higher.