Wall Street closed out the third straight day of gains as investors weighed economic optimism versus lingering uncertainly from the coronavirus pandemic. The S&P 500 closed up 0.84%, the Nikkei 225 rose 0.53%, the Russell 2000 advanced 0.78%, and the Nasdaq Composite slipped -0.19%. Despite remaining wary of the global health crisis, investors displayed resilience and confidence in the potential of a recovery and the positive long-term prospects of equities. With the world economy gradually being restored, Wall Street continues to remain optimistic and resilient.
Indexes
The main European indexes:
- Euro STOXX 50 Index – 44.445 (1.06%)
- FTSE Euro 100 Index – 1435.04 (1.29%)
- S&P Europe 350 Index – 1850.34 (0.88%)
The main Asian indexes:
- S&P Asia 50 Index – 4449.46 (0.85%)
- Dow Jones Asian Titans 50 Index – 189.88 (1.35%)
- FTSE ASEAN 40 Index – 11.25 (-0.18%)
Main global indexes:
- FTSE All-World Index – 444.75 (0.63%)
- S&P Global 100 Index – 45459.605 (0.32%)
- S&P Global 1200 Index – 3232.75 (0.57%)
- Dow Jones Global Titans 50 – 631.03 (-0.18%)
Key market indicators before closing:
- Nasdaq rosed on 2.81%
- S&P 500 rosed on 2.02%
- Russell 2000 rosed on 1.01%
- Dow Jones rosed on 1.81%
Index-linked futures closed today as follows:
- Nasdaq rosed on 0.11%
- S&P 500 rosed on 0.13%
- Russell 2000 rosed on 0.96%
- Dow Jones rosed on 0.11%
Ups and downs
📈 These securities showed the maximum growth this morning:
- VinFast Auto Ltd. — +40.35%
- LATAM Airlines Group S.A. — +11.02%
- Telecom Italia S.p.A. — +8.93%
- Jabil Inc. — +-0.38%
- Mister Car Wash, Inc. — +12.18%
Securities of VinFast Auto Ltd. has the best trading closing in three months (28 August 2023 , +718.56%).
Context:
- The Next Big EV Stock Could Be Here, And You May Have Never Heard Its Name
- Pilot dies during flight after feeling ill, suffering ‘medical emergency’
- Famed Italian dealmaker and Piaggio CEO Colaninno dies
- Relieved More Than Joyful, US Turns Attention to Qatar
- Could This Stock Double Your Money in Under 3 Years? Here’s What Investors Need to Know
📉 These securities showed the maximum decrease today:
- NovoCure Limited — –32.78%
- Faraday Future Intelligent Electric Inc. — –22.75%
- Ideanomics, Inc. — –19.08%
- AMC Entertainment Holdings, Inc. — –17.92%
- Home Product Center Public Company Limited — –14.29%
Securities of Micromobility.com Inc. has the worst closing in three months (-83.47%, 22 August 2023 ).
Context:
- The Next Big EV Stock Could Be Here, And You May Have Never Heard Its Name
- Faraday Future (FFIE) Burns Cash, Board Seats Under Founder Jia Yueting
- Famed Italian dealmaker and Piaggio CEO Colaninno dies
- AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling
- Could This Stock Double Your Money in Under 3 Years? Here’s What Investors Need to Know
Sectors
If we consider industries, the stocks of companies from Utilities finished the day best of all. Their cumulative growth — 13.91%.
But stocks from Utilities went negative — -5.27%.
Regions
The companies from United Kingdom are traded best on New York exchange. It happened thanks to Borr Drilling Limited (+416.01%), Dino Polska S.A. (+384.54%), Bank Polska Kasa Opieki S.A. (+92.72%).
The worse situation is with the companies from United States (Maravai LifeSciences Holdings, Inc. –1.68%, Frontline plc –1.63%, Valero Energy Corporation –1.63%).
