Weekly Update - August 9, 2024

Fobi Updates

Fobi Shares

Volume of shares traded: 4,614,296
Net change: -8.33% (-0.005)

Top News

Dow Jones Industrial Average

Last: 39,498
Net Change: +1.17% (+458)

Nasdaq Composite Index

Last: 16,745
Net Change: +6.57% (+1,033)

1. S&P 500, Nasdaq surge after jobs data eases concerns over US economy
   

    

2. Dow closes nearly 700 points higher after latest labor market data

3. S&P/TSX composite up more than 300 points, U.S. stock markets also climb

4. Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

5. US banks report best loan demand in 2 years, Fed survey shows

6. Big Tech AI investment is going right to Nvidia