S&P 500 Achieves Best Single-Day Performance Since January 2023

Thursday, 8 August 2024, 20:26

The S&P 500 and Nasdaq 100 marked their most impressive daily gains since January 2023, closing up by **2.3%**. Notably, technology stocks, blue-chip companies, and small-cap stocks demonstrated significant upward momentum. This surge follows remarks from the Fed's Barkin, who attempted to downplay concerns about rising unemployment, contributing to a more optimistic market sentiment.

Benzinga — S&P 500 Achieves Best Single-Day Performance Since January 2023

S&P 500 and Nasdaq 100 Performance

The S&P 500 and Nasdaq 100 posted their best daily performances since 2023.

Strong Gains Across the Board

Tech stocks showed significant growth.
Blue-chip companies experienced substantial increases.
Small-cap stocks also benefited from the positive market conditions.

This remarkable performance has bolstered investor confidence, underscoring a resilient market.

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.

S&P 500 and Nasdaq 100 Performance

Strong Gains Across the Board

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