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Weekly Update - August 16, 2024

Written by Fobi | Aug 16, 2024 11:30:00 PM

 

Fobi Updates

 

Fobi Shares

Volume of shares traded: 1,524,230
Net change: +8.3% (+0.005)

 

Top News

Dow Jones Industrial Average

Last: 40,660
Net Change: +2.79% (+1,104)

 

Nasdaq Composite Index

Last: 17,632
Net Change: +4.99% (+838)

  1. Dow, S&P 500 and Nasdaq close higher Friday, score best week since November

     

  2. S&P 500, Nasdaq notch six-day winning streak as comeback rally gains steam

  3. Annual inflation rate slows to 2.9% in July, lowest since 2021

  4. Nvidia hits $2 trillion valuation on insatiable AI chip demand

  5. Resilient US economy sparks Treasury yield surge, easing rate cut hopes

  6. Developers can soon offer in-app NFC transactions using the Secure Element