S&P, Dow, and Nasdaq Rise Amid Strong U.S. Q2 Growth Confirmation

Thursday, 26 September 2024, 15:47

S&P, Dow, and Nasdaq rise as U.S. Q2 growth confirmed at 3%, driven by robust earnings from Micron. However, gains were pared as market sentiment fluctuated.
Seekingalpha
S&P, Dow, and Nasdaq Rise Amid Strong U.S. Q2 Growth Confirmation

S&P, Dow, and Nasdaq Rise with U.S. Q2 Growth Confirmation

The U.S. stock market saw a significant uptick today, as major indexes like the S&P, Dow, and Nasdaq posted gains following the confirmation of 3% growth in the U.S. economy for the second quarter.

Impact of Strong Earnings

  • Micron Technology's strong earnings and upbeat outlook propelled market enthusiasm.
  • Investor confidence grew as indicators pointed toward solid GDP growth.

Market Sentiment Fluctuation

Despite the robust economic data, gains were pared as market reactions remained volatile with varying investor sentiments.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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