📈 Stock Market Update: Major Rally in S&P 500 and Nasdaq! 🚀
Great news from Wall Street! After a challenging start to August, stocks surged back on Thursday. 📊 The Nasdaq soared by 2.3%, while the S&P 500 climbed over 1.6%, and the Dow Jones jumped about 550 points, up 1.4%! 🔥
What's driving the market? Positive earnings reports, especially from Walmart, which saw a 6% stock surge. 🛒 Plus, July retail sales skyrocketed 1%, way above expectations. 📈 Jobless claims also fell unexpectedly, adding fuel to the rally.
The S&P 500 and Nasdaq have now fully recovered their early August losses, thanks to these strong economic signals and the latest CPI report showing its lowest year-over-year increase since early 2021. 📉
Stay tuned for more updates and insights on market trends! 💬 Want to dive deeper into trading strategies? Send me a message to connect!
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