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S&P 500 Index Newsroom
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Overnight US stocks | Three major indexes closed slightly higher on Friday with S&P 500 index and Nasdaq recording their fourth consecutive week of decline.
At closing, the Dow rose 51.44 points, up 0.13%, to 39,497.93 points; the Nasdaq rose 85.28 points, up 0.51%, to 16,745.30 points; and the S&P 500 index rose 24.87 points, up 0.47%, to 5,344.18 points.
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The volatile market also released bullish signals: things have returned to normal.
The seemingly chaotic financial market may just be a normalization process, ultimately helping to isolate investment portfolios rather than getting them into trouble.
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After the extreme volatility of the roller coaster market, has the US stock market hit rock bottom?
Goldman Sachs believes that the current US stock market has bottomed out, and it is expected that the market will present a trend of volatility but overall growth in the future. JPMorgan is more cautious, stating that the worst period for the US stock market may have passed, but uncertain factors such as the September interest rate decision, seasonal weakness, and pessimistic sentiment will bring more downward risks.
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