Stock Market Wrap-Up for August 8, 2024: #SP500 Soars with Biggest Rally Since November 2022

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Mavefund

2024-08-08

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๐Ÿš€ **Stock Market Wrap-Up for August 8, 2024: #SP500 Soars with Biggest Rally Since November 2022!**

Todayโ€™s market saw significant gains across the board as U.S. initial jobless claims dropped by the most in nearly a year, dampening expectations for a Fed policy easing. Treasury yields climbed in response, but that didnโ€™t stop the rally.

๐Ÿ“ˆ **Market Performance:**

๐Ÿ”น **#DOW:** +1.76%

๐Ÿ”น **#NASDAQ:** +2.87%

๐Ÿ”น **#SP500:** +2.3%

๐Ÿ’ฅ **Standout Stocks:**

๐Ÿ”ถ **#NVIDIA ($NVDA):** +6.48%

๐Ÿ”ถ **#Apple ($AAPL):** +1.42%

๐Ÿ”ถ **#Microsoft ($MSFT):** +1.13%

๐ŸŒŸ **Top Gainers:**

๐Ÿ”บ **#MonolithicPowerSystems ($MPWR):** +11.09%

๐Ÿ”บ **#ParkerHannifin ($PH):** +10.45%

๐Ÿ”บ **#EliLilly ($LLY):** +9.43%

๐Ÿ“‰ **Top Losers:**

๐Ÿ”ป **#WarnerBrosDiscovery ($WBD):** -8.63%

๐Ÿ”ป **#MonsterBeverage ($MNST):** -11.48%

๐Ÿ”ป **#McKesson ($MCK):** -11.96%

The market is showing strengthโ€”stay tuned for whatโ€™s next! #StockMarket #Investing #Finance #MarketTrends #NASDAQ #DOW #StocksToWatch


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