📈⚡U.S. indices stage comeback from sell off to post best week in the year so far

U.S. stock markets finished higher on Friday, with all three major indices extending gains to post their best week in the year so far on the back of encouraging economic data releases which helped ease recession concerns. A survey showed that consumer sentiment grew more than expected in August. The S&P 500 posted a 0.2% gain on Friday, lifted by financial and utilities stocks, to close off the week 3.9% higher. The Nasdaq-100 inched up 0.1% on Friday, posting a seventh consecutive day of wins, adding to a 5.4% gain for the week while the Dow Jones rose 0.2% on Friday, ending the week 2.9% higher.

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$DJIA 42000MBeCW241220 (51AW.SG)$
$DJIA 36500MBePW241220 (FESW.SG)$
$NASDAQ 20000MBeCW241220 (W7WW.SG)$
$NASDAQ 18500MBePW241220 (UUZW.SG)$
$S&P 5800MBeCW241220 (XP5W.SG)$
$S&P 5350MBePW241220 (5B5W.SG)$