Market Report - US Close

US close: Stocks extend gains as rate-cut expectations rise

By Benjamin Chiou

Date: Monday 19 Aug 2024

(Sharecast News) - US stocks delivered another day of gains on Monday, helped by dovish comments from a prominent Federal Reserve policymaker, as the S&P 500 and Nasdaq extended their winning streaks into the eight straight session.
The S&P 500 finished 1% higher at 5,608.25, sitting just 1% shy of its...

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