How major US stock indexes fared Thursday, 8/15/2024
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Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected; The S&P 500 jumped 1.6% Thursday, marking its sixth gain in a row; The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%; Treasury yields leaped in the bond market following reports of increased spending at retailers and fewer workers applying for unemployment benefits; Walmart rose sharply after raising its sales forecast; The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22; The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06; The Nasdaq composite rose 401.89 points, or 2.3%, to 17,594.50; The Russell 2000 index of smaller companies rose 51.15 points, or 2.5%, to 2,135.47; For the week, the S&P 500 is up 199.06 points, or 3.7%; The Dow is up 1,065.52 points, or 2.7%; The Nasdaq is up 849.19 points, or 5.1%; The Russell 2000 is up 54.55 points, or 2.6%; For the year, the S&P 500 is up 773.39 points, or 16.2%; The Dow is up 2,873.52 points, or 7.6%; The Nasdaq is up 2,583.14 points, or 17.2%; The Russell 2000 is up 108.40 points, or 5.3%



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