Stocks Shake Off August With Impressive Weekly Wins

Stocks were all over the place to start September, putting a modest bow on a surprisingly upbeat week on Wall Street. August left markets battered, but this week's gain in tech and the latest batch of jobs data sent the Dow, Nasdaq, and S&P 500 to their best weekly performance since July. For the day, the blue-chip index and SPX were the only winners, with the former managing a triple-digit pop.

indexessept1

nysesept1

earningssept1

uvolsept1


OIL CLOSES AS HIGHEST LEVEL OF 2023

Oil roared to its highest close of 2023, while also boasting an impressive 7% weekly gain. October delivery added $1.92, or 2.3%, to settle at $85.55 per barrel for the day.

Following the latest U.S. jobs report, gold retreated from session highs but still eked out a modest win. December-dated gold added $1.20, or 0.1%, to settle at $1,967.10 an ounce for the day and up 1.4% for the week.


More By This Author:

Stocks Shaky To Start Off September
August Slips Away With Steep Monthly Losses for Stocks
Wall Street Heads For Upbeat End To Rocky Month

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with