Stocks climbed to new highs as renewed enthusiasm around artificial intelligence, resilient retail sales, and strong corporate earnings momentum outweighed concerns about elevated energy prices.
Mixed results The Dow finished a quiet week of trading with a roughly 1% gain overall and eclipsed a record high set in mid-July. The S&P 500 finished fractionally higher—ending up less than a percentage point below its mid-July record—while the NASDAQ fell around 1%.
The economic landscape for August 30, 2024
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