Monday, 9 August 2021: Both the Dow and S&P500 logged fresh record highs to close out another strong week for US equity markets
Aug 8, 2021 ·
7m 46s
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Both the Dow and S&P500 logged fresh record highs to close out another strong week for US equity markets as investors digested the latest July employment figures - Dow up...
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Both the Dow and S&P500 logged fresh record highs to close out another strong week for US equity markets as investors digested the latest July employment figures - Dow up +144-points or +0.41% to 35,208.51. Goldman Sachs Group Inc rose +% to a record high, while JP Morgan Chase & Co gained +%. The broader S&P500 edged +0.17% higher to 4,436.52. Financials (up +2.01%) and Materials (+1.47%) were the best performing primary sectors on Friday night AEST (6 August). Consumer Discretionary (down-0.73%) and Information Technology (--0.12%) underperformed, dented by a fresh rise in longer date Treasury yields. The Nasdaq eased -0.40%. The small capitalisation Russell 2000 %. For the week, Dow gained +0.78%. The S&P500 rose +0.94%, extending its year-to-date gain to +18.12%. Nasdaq +1.11%
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Author | Morgans Financial Limited |
Organization | Morgans Financial Limited |
Website | - |
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