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US Stocks Close Higher in August, S&P 500 Up 1.9%
Summary: According to reports from sources, US stocks closed higher in August, with the S&P 500 index up 1.9%, the NASDAQ index up 1.6%, and the Dow Jones index up 3.2%. Weak economic data and the mild impact of tariffs have boosted investors' confidence in the Fed cutting interest rates next month. Economists warn that the ...
According to reports from sources, US stocks closed higher in August, with the S&P 500 index up 1.9%, the NASDAQ index up 1.6%, and the Dow Jones index up 3.2%. Weak economic data and the mild impact of tariffs have boosted investors' confidence in the Fed cutting interest rates next month. Economists warn that the Fed, influenced by the White House, may cut rates excessively, leading to higher inflation.
