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Personal Investor 1 min read
Market Recap Week Ended August 16, 2024
Bullish reaction In the wake of a two-week surge in market volatility, the major U.S. stock indexes recorded their strongest weekly gains of 2024. The NASDAQ surged more than 5%, the S&P 500 added 4%, and the Dow rose 3%, lifted by encouraging data on inflation, retail sales, and consumer sentiment.
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