US stock market weekly update August 26-August 30 2019
US stock market after fourth consecutive weeks with losses for all 3 major stock market indices had important gains this week. This is the weekly summary for US stock market:
- Dow Jones Industrial Average: Close 26,403 ,Week +3.0% %, YTD 13.2.0%
- S&P 500 Index: Close 2,926 , Week +2.8% %, YTD 16.7%
- NASDAQ: Close 7,963 , Week +2.7%, YTD 20.0%
- Source: Bloomberg
Stock market week September 2 – September 6 2019
It will be a shortened trading week as the US stock market and financial markets will be closed for the celebration of Labor Day on Monday, September 2 2019.
So far this month, the S&P 500 and Dow tumbled nearly 2%, while the Nasdaq sank by around 2%. Meanwhile, investors continued to flock toward safe haven assets such as gold. The precious metal jumped 8% in August.https://finance.yahoo.com/news/stock-market-news-august-30-2019-120129489.html
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