Global Markets Rally: Dow Soars 240 Points, Closes at Daily High!

Strong signals from global markets, another strong day in America, Dow jumped 240 points and closed at the day's high, continuous buying in Dow for the last 5 days, 1% rise on S&P 500 and Nasdaq, S&P 500 and Nasdaq for the last 8 days But continuous buying, bullish action for 8 consecutive days for the first time in 2024, strong commentary expected in Jackson Hole conference, market still wants interest rates cut 3 times this year

Updated on: August 20, 2024, 12.36 PM IST
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